Libya’s Largest Oilfield Could See Exports Interrupted ...Middle East

The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow through with their threat to shut down exports if their demands for pay are not met. Earlier this week, the PFG issued an ultimatum demanding they be paid field allowance compensation, Argus reported on Thursday. The Sharara oilfield was pumping crude oil near its capacity, at a rate of 280,000 bpd as of the middle of March, according to internal memos of the Akakus Oil joint venture…

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