Libya’s Sharara and El Feel Oilfields Have Resumed Saturday Evening

Libyan oilfield AAWSAT AR
Libyan oilfield AAWSAT AR
TT

Libya’s Sharara and El Feel Oilfields Have Resumed Saturday Evening

Libyan oilfield AAWSAT AR
Libyan oilfield AAWSAT AR

Production at Libya's Sharara and El Feel oilfields, which were shut on Thursday following the abduction of a former finance minister, has resumed on Saturday evening, four oil engineers and oil ministry said.

Sharara has partially resumed at 30,000 barrels per day out of its usual 290,000, two engineers said. Production will return to normal on Sunday morning, they said, Reuters reported.

The Sharara field, one of Libya's largest production areas with a capacity of about 300,000 barrels per day, has been a frequent target for several political reasons and demands by local protesters.

The field is located in Murzuq basin in southeast Libya. It is run by the state oil firm NOC via Acacus company with Spain's Repsol (REP.MC), France's Total (TTEF.PA), Austria's OMV (OMVV.VI), and Norway's Equinor (EQNR.OL).

El Feel field, which has a capacity of 70,000 barrels per day, is operated by Mellitah Oil and Gas which is a joint venture between the state oil firm NOC and Italy's Eni (ENI.MI).

Sharara and El Feel oilfields, as well as the 108 field, were all closed in a protest by al-Zawi tribe in response to the kidnapping of former finance minister Faraj Bumatari. The 108 oilfield remains shut.

In a message to Reuters on Saturday, the tribe's leader Al-Senussi Al-ahlaiq confirmed the release of Bumatari, who was kidnapped after arriving at Mitiga airport on Tuesday.

The UN- mission in Libya said in a tweet it "reiterates its call for the immediate release of all those arbitrarily detained including civilians, civic activists, political figures & members of security service."

Libya's oil minister Mohamed Aoun told Dubai-based Asharq TV on Saturday that the oilfields' closure had cost the North African country the production of 340,000 barrels.

The oil ministry also said the closures could lead to the declaration of force majeure.

"The loss of confidence in the continuity of Libyan oil supply to the global market will result in a loss of market share for Libyan oil and decreased demand for it," the ministry said in a statement.

Libyan oil output has been subjected to repeated closures for different political reasons and local protesters' demands during the chaotic decade since the 2011 NATO-backed uprising against Muammar Gaddafi.



Arab League to Convene Emergency Meeting to Address Israeli Threats Against Iraq

Arab League Secretary-General Ahmed Aboul Gheit at the Arab League headquarters in Cairo, Egypt. (Reuters file photo)
Arab League Secretary-General Ahmed Aboul Gheit at the Arab League headquarters in Cairo, Egypt. (Reuters file photo)
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Arab League to Convene Emergency Meeting to Address Israeli Threats Against Iraq

Arab League Secretary-General Ahmed Aboul Gheit at the Arab League headquarters in Cairo, Egypt. (Reuters file photo)
Arab League Secretary-General Ahmed Aboul Gheit at the Arab League headquarters in Cairo, Egypt. (Reuters file photo)

The permanent delegates to the Arab League will convene an extraordinary session on Sunday, chaired by Yemen, in response to a request from Iraq.

Arab League Assistant Secretary General Ambassador Hossam Zaki said on Saturday that the meeting will focus on a memo from the UN Security Council president, which contains the Israeli occupation's claims of increased attacks from Iraqi territory since September, SPA reported.

"The General Secretariat of the Arab League received Iraq's request to hold an extraordinary session of the Arab League Council.”

“The request was circulated among member states for consultation, and it was agreed to hold the meeting tomorrow at the General Secretariat," Zaki said, adding that several Arab countries have expressed support for Iraq's initiative.