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Libya’s El Feel oilfield in shutdown since Thursday, engineers say
March 25, 2026
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Libya’s El Feel oilfield in shutdown since Thursday, engineers say

Money
Policy
Growth

Key Points

  • Libya's El Feel oilfield has been shut down since Thursday.
  • The shutdown occurred because its pipeline was repurposed to transport crude from the fire-damaged Sharara field.
  • Pumping capacity from Sharara via the alternative pipelines is between 80,000 and 100,000 barrels per day (bpd).
  • El Feel, which normally produces 80,000-90,000 bpd, is expected to resume production within a week to 10 days.
  • Libyan oil output has been subject to repeated closures since 2011 due to various political and technical reasons.

Why This Matters

Ghana, as a net importer of refined petroleum products and crude oil, is highly sensitive to global oil price fluctuations. Disruptions in major oil-producing nations like Libya can contribute to increased international crude oil prices, directly impacting Ghana's import bill, fuel costs for consumers, and overall inflation. This event highlights the volatility of the global oil market, which can strain Ghana's economy and fiscal planning.

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