National Oil Corporation said on Sunday that the closure of Libya’s El Feel and Sharara oilfields resulted in the loss of 330,000 barrels per day, and over 160 million dinars (34.69 million dollar) on a daily basis.

Last week, two oil engineers at Libya’s main Sharara field said that operations had been paused after a pipeline valve was shut down, without giving further details.

The National Oil Corporation head Mustafa Sanallah said that shutting down pipeline valves enforced the corporation to declare force majeure on oilfields.

Adapted from Reuteurs News Agency