Libya's Sarir oil field latest to shut down amid central bank standoff
The Sarir oil field has halted almost all production of around 209,000 barrels per day, engineers said.
Another oil field in Libya halted nearly all of its output Wednesday, as shutdowns at the country’s crude producing sites continued amid political fallout over the leadership of the North African country’s central bank.
The Sarir oil field halted almost all production of around 209,000 barrels per day, engineers told Reuters.
On Tuesday, oil production was suspended at several Libyan oil fields after the Benghazi-based rival government in the east, the Libyan National Army, said the previous day it would stop all oil production from OPEC’s main African producer. The UN-backed and internationally recognized government, the Government of the National Accord, is based in the Libyan capital Tripoli.
The GNA is run by Prime Minister Abdul Hamid Dbeibah, while Field Marshall Khalifa Hifter leads the LNA. The GNA and LNA fought a civil war between 2014 and 2020, following the ouster of long-time dictator Moammar Gadhafi in an uprising backed by NATO. The cease-fire in place since 2020 has been fragile.
