Libya’s Largest Oilfield Fire Causes 30,000 b/d Loss

Libya’s Largest Oilfield Fire Causes 30,000 b/d Loss

The Sarir oilfield, Libya’s largest oilfield with proven reserves of 4.8 billion barrels, has lost around 30,000 barrels per day (b/d) due to a power generator fire, the National Oil Company (NOC) revealed.

NOC said the fire broke out early on June 9 at compound 1 at the Sarir oilfield due to the high temperature experienced in an electric generator.

The oilfield’s production capacity is currently around 155,000 b/d, the company noted.

The Sarir field is located in the Sirte basin and is operated by NOC’s subsidiary Arabian Gulf Oil Company (AGOCO).

NOC added that production will gradually return and add up to 60,000 b/d to the site output, as the company was able to repair and restart compound 2 at the site, which was inoperable since May due to a technical issue.

Dina Elbehiry 642 Posts

Graduated from Faculty of Economics and Political Science- Cairo University.
Having an Economic background and currently working for Egypt Oil & Gas.


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