The struggle for the control of Libya has once again spread to its critical oil sector. General Khalifa Haftar, and his eastern allies, have instigated the shut down of several key oil facilities under the guise of local ‘protests.’ These have so far seen 550,000 b/d of output shut in, essentially halving production from around 1.2mn b/d.
Starting on 17 April, with the closure of the Eni-led 70,000 b/d El Feel field, ‘protests’ have also led to the closure of the nearby Repsol-led 300,000 b/d El Sharara as well as the eastern ports of Zueitina and Marsa El Brega which together exported 177,000 b/d in 2021, according to data intelligence firm Kpler (see chart). (CONTINUED - 871 WORDS)
