By Moutaz Ali
Tripoli, 10 Aril 2017:
Libya will lose almost $10 million a day the National Oil Corporation (NOC) warned tonight after news the Wafa gas field production has again been blocked.
An unidentified armed group yesterday shut down the pipeline, Walid Al-Bakush from the NOC’s media office told the Libya Herald. He did not give the location of the block.
Last month, members of the Petroleum Facilities Guard blocked the pipeline near the Ruwais power station, claiming they had not been paid.
NOC today also warned that because Wafa was connected to the Algerian Alrar oil field underground, Libya could lose large quantities of its reserves to its neighbour.
The NOC also said the reopening of the field will be expensive due to technical complexity of restarting the flow of gas.
The Wafa gas field is operated by Mellitah Oil & Gas company, NOC’s joint-venture with Italian company Eni.
