Current:Home > FinanceLibya says production has resumed at its largest oilfield after more than 2-week hiatus -TrueNorth Capital Hub
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
View
Date:2025-04-16 12:16:44
CAIRO (AP) — Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages.
The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full production. It didn’t provide further details. Force majeure is a legal maneuver that releases a company from its contractual obligations because of extraordinary circumstances.
The company had activated the maneuver on Jan. 7 after protesters from the desert town of Ubari, about 950 kilometers (590 miles) south of the capital, Tripoli, shut down the field to protest fuel shortages.
Over the past two weeks the company’s chief, Farhat Bengdara, and military officials from eastern Libya have been negotiating with the protest leaders, Fezzan Group.
Barzingi al-Zarrouk, the protesters’ spokesman, announced that they have suspended their protest after they reached agreement with the company.
He said the agreement was brokered by the self-styled Libyan National Army, which is commanded by powerful military general Khalifa Hifter. Hifter’s forces control Libya’s east and much of the south.
The protesters have reportedly called for rehabilitating infrastructure and repairing roads in the southwestern region of Fezzan, one of the historic three provinces of Libya. They previously closed the field for two days in July.
Libya’s light crude has long featured in the country’s yearslong civil conflict, with rival militias and foreign powers jostling for control of Africa’s largest oil reserves.
Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. The North African nation has for most of the past decade been split between rival administrations in the east and the west, each backed by militias and foreign governments.
veryGood! (596)
Related
- What to watch: O Jolie night
- New York City firefighter dies in drowning while trying to save daughter from rip current at Jersey Shore
- UN Climate Summit Opens with Growing Concern About ‘Laggard’ Countries
- When Protest Becomes Sacrament: Grady Sisters Heed a Higher Call
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- 13 Things You Can Shop Without Paying Full Price for This Weekend
- Lawyers Challenge BP Over ‘Greenwashing’ Ad Campaign
- A riding student is shot by her Olympian trainer. Will he be found not guilty by reason of insanity?
- Retirement planning: 3 crucial moves everyone should make before 2025
- Today’s Climate: September 20, 2010
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Tips to keep you and your family safe from the tripledemic during the holidays
- Today’s Climate: September 20, 2010
- Demi Lovato Recalls Feeling So Relieved After Receiving Bipolar Diagnosis
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Climate Change Treated as Afterthought in Second Presidential Debate
- New Hampshire Gov. Chris Sununu says he doesn't see Trump indictment as political
- Pennsylvania Ruling on Eminent Domain Puts Contentious Pipeline Project on Alert
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Kendall Jenner and Bad Bunny Were Twinning During Night Out at Lakers Game
Today’s Climate: September 23, 2010
Algae Fuel Inches Toward Price Parity with Oil
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
People addicted to opioids rarely get life-saving medications. That may change.
For 'time cells' in the brain, what matters is what happens in the moment
Report Offers Roadmap to Cleaner Biofuels from Non-Food Sources