Libya halts refining unit at Zawiya refinery amid pipeline closure
Libya’s National Oil Corporation has shut down a refining unit at Zawiya refinery due to the ongoing forced closure of the Sharara pipeline by armed groups.
Libya's National Oil Corporation has temporarily halted a refining unit at the Zawiya refinery due to armed groups' continued closure of the Sharara pipeline. This decision was made public on Saturday by the corporation. According to Reuters, the refinery shutdown was prompted by the armed group's forced obstruction of the Sharara crude oil pipeline valve, which belongs to the Petroleum Facilities Guard.
The corporation had previously reported on Thursday that the pipeline's forced closure resulted in the loss of over 720,000 barrels of production and significant financial losses of more than $75 million. It is worth mentioning that the armed group closed valve number 7 on the pipeline, which transports crude oil from the Sharara region to the Zawiya port, on September 21.
The National Oil Corporation has expressed concern that Zawiya refinery may require further shutdowns as its crude reserves dwindle.
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