Unrest Forces Field Shutdown
Oil production in Libya was forced to decrease today, in the latest of a series of disruptions that is becoming all-too familiar.

The Sharara oilfield, the largest field in Libya was forced to shut in production yet again, as armed groups disrupted activity. According to Bloomberg, Sharara produced about 234 MBOPD the day before workers were forced to stop production. This represents almost one quarter of all the North African producer’s output, as pre-shutdown activity hovered around 1 MMBOPD.

In this case, ...

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