Libya’s largest producing oil field, Sharara, is losing 8,500 bpd of crude to thieves.
Statement from the National Oil Corporation revealed that the field, which produce 315,000 barrels daily was seized by a group of local tribesmen and members of the Petroleum Facilities Guard in early December.
The group is demanding money for wages and development fund.
Libya’s oil production slipped by 300,000 bpd in December on the back of the Sharara and El Feel shutdown as well as harsh weather that temporarily closed the country’s oil export terminals.
