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Monday, August 28, 2017
Libya’s NOC has been forced to declare force majeures for several fields. According to a Reuters report citing sources, the force majeures were necessary due to pipeline blockades closing in three of the country’s major oil fields.
A local Libyan brigade closed down two valves on a pipeline to Sharara oilfield, the country’s largest, to make demands for more fuel supplies and better economic conditions for the Zintan region. This is not the first time in recent weeks that the Sharara has been shut in, the field seems to be a favorite of protesters in the country. The 280,000 bpd field was shut in and crude loadings of its production at the Zawiya oil terminal were under force majeure.
Another major Libyan oil field, the El Feel, was shut in because of a pipeline blockade and NOC declared force majeure on Mellitah crude exports due to the closure, two Libyan oil sources said in the Reuters report.
Another brigade tasked with oil facilities protection has closed a pipeline leading to the Hamada field. NOC had also declared force majeure there and the field would possibly close down after the declaration, a spokesman for state company AGOCO said.
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