Tag Archives: Libya

Some Libyan Oil Facilities Restart Operations

Workers at Libya’s major Sharara field have restarted operations, two engineers working there said, after National Oil Corporation (NOC) announced a partial lifting of force majeure. They said flaring had restarted at the field and shared a video of it, and added that engineers had been returning to the area …

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Libya to Export only Oil Accumulated in Terminals

Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be exported, Libyan National Army spokesman Major General Ahmad al-Mismari said. “The opening of oil facilities means exportation of only what is in the tanks, the …

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UAE Wants Libya to Return to Oil Production amid War

The United Arab Emirates wants Libya to “return to oil production” as soon as possible, a top Emirati official said Monday, after officials with Libya’s U.N.-supported government in Tripoli accused the UAE of ordering rival Libyan forces to block oil sales. Anwar Gargash, the Emirates’ minister of state for foreign …

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Libya Declares Force Majeure on Oil Exports

The state-owned National Oil Corporation (NOC) of the UN-backed Libyan government on Sunday declared force majeure on oil exports again due to renewed oil blockade by the east-based army. The NOC said in a statement that it “condemns unreservedly the renewed blockade on Libyan oil exports and calls for the …

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OPEC will Exempt Libya from Production Cuts

OPEC is to exempt Libya from a plan to slow down oil production for a period of two months, starting next May, due to the production lost through the closure of ports and fields by pro-Haftar militias east of Libya. The oil-exporting countries, with the exception of Mexico, have agreed …

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