Protests in Southern Libya Lead to Shutdown of Major Oil FieldsIn a move that has reverberated across the global oil market, a wave of protests has led to the abrupt shutdown of two major oil fields in southern Libya. The Sharara and el-Feel fields, located in the Ubari region, were forced to cease operations on Wednesday and Thursday, respectively. The closures, as confirmed by onsite engineers, have dealt a significant blow to the country’s oil output and have raised concerns over potential impacts on the global oil supply chain. While the Ministry has reiterated its support for demanding rights and redressing injustice, it has also called upon all parties to ensure the continuation of oil production and improve its marketing. This division has resulted in two conflicting authorities vying for power and control over Libya’s crucial oil and gas sector.
