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2026-09-25T14:58:39.540Z

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Libya Shara-zwara pipeline losses over 75M

Libya Shara-zwara pipeline losses over 75M

The National Oil Corporation of Libya reported that a forced shutdown of a valve on the Sirte-Zawia pipeline by armed groups resulted in the loss of over 720,000 barrels of production and direct damages exceeding $75 million as of September 25, 2026. The closure of Valve No. 7 has halted the flow of oil from the Sharara field to the Zawia port since September 21, potentially forcing the Zawia refinery to shut down some of its units due to declining crude reserves.

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