The main pumping line that runs crude from the fields of Al-Sammah, Al-Dhahra to the Sidra port is undergoing maintenance work, says the National Oil Corporation, which emphasized its keenness to accomplish the task within a short time.
The Waha Oil Company confirmed that it had completed all the technical steps to start reducing production in preparations for starting maintenance operations next Tuesday.
The one-week halting of production due to the repair work will cost the state 200 thousand barrels per day, estimated at more than 107 million dollars.
The head of the National Corporation, Mustafa Sanalla, had confirmed on several occasions that the infrastructure in the oil sector had become in a situation where it was not possible to continue its regular maintenance operations due to the deteriorating facilities and the shutdowns in the past years.
He also pointed out that the NOC was working within a tight budget, explaining that the revenues of the public treasury will be negatively affected as a result of the failure of decision-making bodies to liquidate the approved budgets for the second year in a row.
Economy
