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April 19, 2022
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- Political tensions in Libya disrupt production of
oil and gas
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- Ceased production at the oil fields of Al-Sharara and
Al-Feel and stop the activity at the oil port of Zueitina
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 Political tensions in Libya are having an impact
devastating on national oil and gas production, with the
National Oil Corporation (NOC) that this weekend has
declared the state of force majeure for the forced cessation
production at the Al-Sharara and Al-Feel oil fields, and
the stop of production at the port gasification plant
of Zueitina as well as of the activity in the same port
Zueitina oil. Announcing the termination of these
activity, the Libyan oil company specified
that they are no longer able to meet their obligations
contracts relating to oil deliveries and warned that
this will have negative effects on the oil sector and
energy and the Libyan economy in general.-
- The National Oil Corporation announced that on Saturday evening a
group of individuals entered the field of Al-Feel,
a field which is 33.3% owned by the Italian Eni,
preventing workers from continuing production, which sunday is
completely ceased making it impossible for the NOC to comply with the
its contractual obligations. On Sunday, in addition, the company
oil announced the closure of crude oil production and
of gas in several fields, specified that "the National Oil
Corporation - explained the president of the NOC, Mustafa Sanalla -
is obliged to declare, until further notice, a state of
force majeure in the oil port of Zueitina, including all
deposits and production stations associated with this port and
maritime structures'. Sanalla highlighted the need
to avoid that the political conflicts taking place in the country have a
impact on the oil sector, so as to ensure the flow of
oil to world markets taking advantage of the current boom
of prices, "this - he specified - with the aim of
to promote the country and to repair what has been
destroyed by wars".
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- Appeal that at the moment has fallen on deaf ears since just
a few hours later the NOC was forced to close
gradually also the production at the oil field of
Al-Sharara, also declaring in this case the state of force
greater, as - the Libyan company announced - a group of
individuals put pressure on workers to
production should be stopped.
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- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
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