The Libyan Oil Ministry has called on the relevant parties to intervene and consider the demands of the people who closed the crude pumping valves of the El Sharara and El Feel oilfields lines in the southwest of the country.
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The Libyan National Oil Corporation (NOC) has revealed that closure of crude pumping valves from the El Sharara and El Feel fields is causing a loss of 330 thousand barrels per day and a daily loss exceeding 160 million Libyan dinars (over $30 million).
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In light of the tension between Russia and the West, Libya is trying to maintain balanced positions, but is unable to produce enough gas to make up for a possible reduction of Russian supplies to Europe, said Libyan Oil Minister Mohamed Aoun.
The new Tahara oil field in the Hamada area, in the west of Libya, will produce 14,000 barrels of oil per day, announced the Arabian Gulf Oil Company (AGOCO) in a press release.
The Libyan Oil and Gas Ministry denounced the joint statement issued by the embassies of a number of Western countries regarding the National Oil Corporation (NOC), which was supported by the United Nations Support Mission in Libya (UNSMIL).
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UN Support Mission in Libya (UNSMIL) announced Saturday it fully support the need to maintain the integrity and independence of the Libyan National Oil Corporation (NOC) to make sure that Libyan resources benefit all Libyans.
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