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Armed group shuts Sharara pipeline valve, cutting 200,000 bpd

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Story summary
  • NOC said an armed group shut valve 7 on the Sharara pipeline, cutting output.
  • The shutdown reduced production by roughly 200,000 barrels per day to about 100,000-105,000 bpd.
  • NOC warned the loss could force the Zawiya refinery to close and trigger force majeure.
  • The 700-km pipeline carries oil from the El Sharara field, a joint venture producing about 350,000 bpd.