Search ForexCrunch

A videotape showed and a Libyan source at the field said on Sunday, a small group of Libyan tribesmen staged a protest at the southern El Sharara oilfield last week, threatening to close down production unless their living conditions improved, Reuters reports.

The field, in Libya’s remote southwest, produces around 300,000 barrels per day (bpd).  

A Libyan oil source noted: “The situation (at El Sharara) is fragile. Nobody knows what will happen. The field faced “constant threats.”

Further details:

“The protesters demanded better state services such as water and bank liquidity for the southern Libyan region known as Fezzan.

They set a deadline of Nov. 11 for their demands to be met or face a shutdown of Fezzan oil and gas production in general.”