**Fatshimetrie: The consequences of the state of force majeure declared by the National Oil Corporation of Libya**
In the current context of international news, a major event has shaken the oil sector in Libya. The country’s National Oil Corporation was recently forced to declare a state of force majeure following serious damage to the tanks of the Zawiya refinery. This critical situation stems from the ongoing armed clashes between armed groups near the facility.
Located in the west of the country, the Zawiya refinery plays a crucial role in processing crude oil from the Sharara field, one of the largest in Libya. By producing diesel, gasoline, jet fuel and LPG, it is essential for the domestic fuel supply.
In addition to its contribution to Libya’s energy needs, the refinery actively participates in its economy. With a production capacity exceeding 100,000 barrels of crude oil per day, it is a mainstay for the fuel needs of power plants, industries and the country’s overall demand.
Disruptions arising from this situation may result in significant financial losses for Libya, which is forced to import fuel from abroad to cover these shortfalls. This situation highlights the complex challenges facing the Libyan oil sector, impacting both the national economy and the country’s energy security.
It is essential to closely monitor the evolution of this crisis and its repercussions on both the economy and political stability in Libya. The rapid resolution of this critical situation is essential, not only for the country’s oil industry, but also for its entire population who depend on these crucial resources for their daily lives.