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Biggest Libya Oil Field Stops Pumping on Pipeline Halt

  • Sharara deposit had been producing 300,000 barrels a day
  • Halt at Sharara follows El-Feel stoppage, vexes oil recovery
Oil drilling in El-Sharara, Libya.

Oil drilling in El-Sharara, Libya.

Photographer: Benjamin Lowy/Getty Images Europe
Updated on

Libya’s Sharara oil field stopped pumping crude oil several days after output plunged at another of the OPEC member’s biggest deposits.

The halt resulted from the closing of a pipeline from Sharara to the Zawiya refinery, according to a person with knowledge of the matter. The North African country’s largest field stopped production on Sunday, a second person with knowledge said. Libya had been pumping 1.1 million barrels a day as of March 1, with Sharara contributing 300,000 of that. The field is run by a joint venture between the National Oil Corp. and Repsol SA, Total SA, OMV AG and Statoil ASA.