Libya’s largest oilfield has seen output plunge after an armed group closed a key pipeline valve. Sharara production fell from about 340,000 bpd to roughly 120,000 bpd, with force majeure possible if the blockade continues. #Libya#Oil#OPEC
A Libya-Egypt pipeline could move 150,000–250,000 bpd directly from Tobruk to Alexandria, reducing Egypt’s exposure to maritime chokepoints while giving Libya another export route. Realistic costs may reach $1.3–$2.2 billion. #Oil#EnergySecurity#Libya
Libya’s NOC declares a state of maximum emergency in Zawiya following repeated drone attacks on oil facilities, including the Zawiya Refinery and Brega storage tanks. The latest attack caused a major fire and the collapse of a tank holding 4.5 million liters of gasoline. #libyahttps://t.co/jDG3L4fhTl
Egypt and Libya are nearing a deal on an 800-km, $1B+ oil pipeline linking Tobruk to Alexandria. The route could send rising Libyan crude directly to Egyptian refineries as the Iran war disrupts Cairo’s traditional Gulf supplies. #Oil#Libya#Egypt
