Largest Libyan Oil Field Resumes Output Amid Push for Cease-Fire
(Bloomberg) — Libya’s biggest oilfield is gradually resuming production after a five-month shutdown as regional powers push to end the country’s civil war.The restart of the Sharara field in the southwest comes after a valve on a pipeline running to the port of Zawiya was opened on Friday, according to Ali El-Zeeb, the commander of the petroleum-facilities guards aligned with Libya’s internationally recognized government. Sharara was producing around 300,000 barrels a day before it shut in mid-January amid an offensive by Khalifa Haftar, who leads a rival military force based in the country’s east.The field’s resumption follows setbacks in recent …read more […]