Tag Archives: Libya

Libyan commander Khalifa Haftar blocked oil exports at ports under his control. slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the OPEC nation.

Libya’s largest functioning refinery in Zawiya is located around 49 kilometers (30 miles) from the capital. Tripoli.

The field produces about 290.000 barrels per day (bbl d). accounting for a quarter of Libya’s oil production.

The halt in production at Libya'.s largest field severely disrupts the country'.s energy supply.

Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.

The field was pumping around 290.000 bpd prior to the shutdown.

For years. Libya has been split between two governments.

The EU issued an official statement urging the sides in the conflict to stop the violence.

The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.

Libya is a significant supplier of oil to Europe. producing around 1.1 million barrels per day (bpd) of crude in March.