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Africa Oil & Gas: Libyan National Army launches assault for Sharara field

The Libyan National Army (LNA), led by General Khalifa Haftar, launched an assault on January 15 to secure the El Sharara oil field, the country’s largest, which has a capacity of 300,000 bpd.

The field has been offline since December. “Should the LNA succeed in taking over the El Sharara facilities, Haftar’s control over Libya’s strategically vital oil and gas resources would be hugely strengthened,” Verisk Maplecroft wrote in a note.

“This, in turn, would shore up Haftar’s bargaining position in ongoing negotiations with the Government of National Accord.”

Moreover, if the LNA does succeed, it also increases the odds of a rerun of the standoff with the internationally-recognized government in Tripoli, just as last year.

In 2018, a significant portion of Libya’s oil went offline when the two sides fought over control of the nations’ oil export terminals. 

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