Libya’s Sharara, El Feel oilfields reopen after release of former Finance Minister

The Attorney General’s Office has confirmed the release of the former Minister of Finance, Faraj Bumatari, after over five days of detention by the Internal Security Apparatus in Tripoli.

The release of the Government of National Accord’s top financier triggered the reopening of Sharara and El Feel oilfields which were shut down by protesters from Al-Zway tribe (from which Bumatari hails) condemning the detention of the former Minister of Finance.

The resumption of oil production at the two oilfields was confirmed by Minister of Oil and Gas Mohammed Oun, while Reuters reported a source from Sharara oilfield as saying that crude production would start on Sunday.

Prior to the release of Bumatari, Oun told reporters that Libya had lost about 340,000 barrels per day (bpd) of its crude production as a result of the closure of the El Feel and Sharara fields, indicating that the loss would lead to a shortage in the availability of fuel for the Ubari power plant, and the return to power load shedding.


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