Libya Closes Biggest Oil Field and Warns of More Shutdowns
- Total oil production down by half a million barrels a day
- Closures are latest in series of supply disruptions in Libya
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Libya’s oil production has fallen by more than half a million barrels a day as a wave of political demonstrations engulfs the OPEC member’s energy industry.
The Sharara field in the west of the country, which can pump 300,000 barrels each day, was closed after protesters gathered at the site demanding Prime Minister Abdul Hamid Dbeibah quits, according to people familiar with the matter. That came after the nearby El Feel deposit, with a daily capacity of 65,000 barrels, was halted for the same reason.