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Libya Halts Biggest Oilfield Sharara Amid Rebel Attacks

Libya said it halted the Sharara field, its biggest oil producer, following a rocket attack at the connected Zawiya refinery, threatening almost 30 percent of the OPEC member’s production.

The Sharara field, producing about 250,000 barrels a day before the disruption, was shut as a precaution after an attack two days ago on the refinery, Mansur Abdallah, director of oil movement at the Zawiya plant, said by phone today. The North African nation, still restoring output after more than a year of political unrest and protests, was producing 870,000 barrels a day as of Sept. 14, National Oil Corp. spokesman Mohamed Elharari said that day.