Force majeure was declared in one of Libya’s oil fields 17:00

The Libyan National Oil Company (NOC) declared force majeure in the largest Al-Sharara field due to the complete halt of oil production as a result of the actions of the protesters. This was reported by TASS.

The publication states that force majeure was declared as of January 7, as a result of the closure of the field by protesters.

The company noted that the supply of crude oil to Zawiya port has stopped completely. NOC is currently negotiating to resume oil production.

Before this, it was known that Libya could take place in 2024 for the first time in twenty years. find out for an international auction of licenses to develop gas and oil on its territory.

Prior to this, the Libyan Ministry of Oil and Gas announced the restoration of the two largest fields. The reason for the suspension of the action was the protesters, most of whom were from the Al Azwiya tribe in Tripoli, the capital of Libya.

Previously recognizedWhen oil prices fall to $50 per barrel.

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Source: Gazeta


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