Libya Sharara reopens after short shutdown

The Libyan National Petroleum Corporation (NOC) has restarted the operations of the Sharara oil field and suspended the declaration of force majeure on oil shipments from the Zawiya terminal, the company said on Monday.

The oil field, the largest in the OPEC member country, was closed on Friday night, after an unidentified group closed a valve in the pipeline that connects it to Zawiya, 49 km west of Tripoli.

The 13 valve was reopened on Sunday night, the NOC said, adding that the production was resumed in the early hours of Monday.

The oilfield, which had a pre-war civil capacity of about 340,000 barrels per day (bpd), was pumping at a rate of 290,000 bpd before it was closed, the NOC said on Saturday.

A field engineer told Reuters on Monday that production has already returned to about half the capacity.

The NOC declared force majeure on Sharara's oil shipments through the Zawiya terminal on Saturday.

"The NOC extends its thanks to the technical team and the oil facility guard for their efforts to quickly reopen the pipeline," the corporation said.

The total oil production of Libya before the interruption of Sharara was in between 1.2 million and 1.3 million of bpd, said NOC chief Mustafa Sanalla earlier this month.

The NOC operates the field of Sharara in partnership with Spanish Repsol, the French Total, the OMV of Austria and Equinor of Norway.

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