Libyan oil pipe­line at­tacked by al­leged IS fight­ers

The Daily News Egypt - - News - By Mo­hamed Samir

A Libyan crude oil pipe­line owned by the Waha Oil Com­pany, which feeds the port at Sidra. Libya’s largest oil ter­mi­nal, was set on fire on Satur­day.

The at­tack lead to the loss of be­tween 70,000 bar­rels per day (bpd) and 100,000 bpd, ac­cord­ing to the state-owned Na­tional Oil Com­pany (NOC).

Ac­cord­ing to Reuters, Libyan of­fi­cials sus­pect the at­tack was con­ducted by Is­lamic State group (IS) fight­ers, who fre­quently roam the area.

“In­ves­ti­ga­tions into the in­ci­dent are on­go­ing.There are no re­ported ca­su­al­ties at the site.The NOC ex­ec­u­tive board is closely mon­i­tor­ing de­vel­op­ments and li­ais­ing with ap­pro­pri­ate au­thor­i­ties to put out the fire and re­sume pro­duc­tion as soon as pos­si­ble,” the NOC said on its web­site.

In Septem­ber 2016, leader of the Libyan Na­tional Army (LNA) Khal­ifa Haf­tar—who is backed by Egypt and the United Arab Emirates—seized Libya’s oil cres­cent ports (Ras Lanuf, Sidra, Zueitina, and Brega), which in turn led to the NOC’s im­me­di­ate re­sump­tion of ex­ports of stored crude oil.

How­ever, in March 2017, the Benghazi De­fence Bri­gades re­cap­tured the two oil ports of Ras Lanuf and Sidra, just to lose them again to the LNA forces two weeks af­ter it be­gan a counter-of­fen­sive.

Since the LNA gained con­trol over the oil ports, ac­cord­ing to the OPEC, Libya has reached a pro­duc­tion level of 600,000 bpd.This is still less than half of its pre-2011 pro­duc­tion lev­els of 1.6m bpd. How­ever, since Libya is free from OPEC re­stric­tions, it is tar­get­ing an out­put of 900,000 bpd by the start of 2017.

Egypt and Libya have long co­op­er­ated in the oil sec­tor. In 2013, in co­op­er­a­tion with OiLibya, de­vel­op­ment works at the Tube de­pot in the city of Badr be­gan.

The at­tack lead to the loss of be­tween 70,000 bar­rels per day (bpd) and 100,000 bpd

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