Libya Restores Al-Fil and Ash-Sharara Fields as Production Resumes

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The Libyan Oil and Gas Ministry announced that the two largest oil deposits, Al-Fil and Ash-Sharara, have been restored and are back in operation. Production has resumed at both fields after a pause that began yesterday. Ash-Sharara is operated by Akakus Oil Operations Company, while Al-Fil is operated by Mellitah Oil and Gas Company. The restart marks a return to normal activity for these key Libyan energy assets, following a brief disruption.

The suspension occurred after protesters, primarily from the Al-Azwiya tribe, were detained in Tripoli, the Libyan capital. Among those detained was Faraja Bumtari, a former finance minister in the Government of National Accord. He was released after intervention by the Attorney General, allowing the situation to stabilise and operations to proceed.

Earlier this week, advocacy groups urged a halt to oil and gas production, urging major protests. The movement signaled plans to create a significant disruption in London as part of their actions, drawing international attention to the issue. The broader industry context includes volatility in commodity pricing and pressure from activist groups on energy supply chains.

Market observers have noted that oil prices had recently shown weakness, with prices dipping toward key support levels, underscoring the sensitivity of supply decisions in the region to political and social factors. The Libyan field resumption offers a reminder of how security and governance events can influence production and regional energy dynamics.

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