Libya’s state oil company lifts force majeure at El Sharara facility

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Libya’s state oil company lifts force majeure at El Sharara facility GlobeBusiness

Libyan state oil company NOC said on Monday it had lifted force majeure at the El Sharara oilfield, the country’s biggest, which has been closed since December when state guards and tribesmen seized it.

An oil engineer said oil production of the 315,000 barrels a day field was being restarted with a return to regular output expected in the next days, according to NOC. The resumption brings to an end a stalemate between NOC and eastern military forces, the Libyan National Army , led by Khalifa Haftar, which had taken control of the field three weeks ago as part of a southern offensive.The LNA had called on NOC to reopen the field but its Chairman Mustafa Sanalla had demanded that first all armed groups leave the field.

NOC said on Monday that Sharara’s’ operating company Akakus had received written assurance from the LNA that all individuals subject to Public Prosecutor arrest warrants have been removed from the field and will not be re-admitted to the site. “Plans are also in place to repair the 20,000 barrels per day lost production capacity destroyed by looting and vandalism during the blockade,” NOC said in a statement.The reopening of the field strengthens the position of Haftar and the LNA which already controls eastern oilfields and ports. El Sharara had been formally under the control of groups allied to the U.N.-backed administration in Tripoli.The restart of the field also underlines the role of the United Arab Emirates in Libya.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness We paid billions for a pipeline and have yet to see results. Your failure to get it done is gonna cost you an election. Bye bye to the Fake Feminist and the Limousine Liberals. voteblue

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil companies find way to cash in by not pumping in CanadaAlberta producers are buying right to pump barrels from companies that don’t need them to get around curtailment ....
Source: nationalpost - 🏆 10. / 80 Read more »

Rail companies won’t tell B.C. how much oil they ship across the provinceRail companies won’t tell B.C. how much oil they ship across the province GlobeBC GlobeBC WTF!!!! GlobeBC BC has no legal right to the information Until that changes they shouldn't be given any access to it Especially given the fact that the only reason they care is so they can obstruct shipments GlobeBC Make me Premier for a day and ALL rail traffic would stop. You haul ANYTHING through MY province on MY roads or rails that could harm MY constituents, then MY provincial officials NEED to know, to prepare and keep the public safe. PERIOD!
Source: globeandmail - 🏆 5. / 92 Read more »