Current:Home > FinanceLibya says production has resumed at its largest oilfield after more than 2-week hiatus -TradeWisdom
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
Johnathan Walker View
Date:2025-04-08 15:11:54
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! (46)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Cannabis sales in Minnesota are likely to start later than expected. How much later isn’t clear
- Lace Up, These Hoka Sneaker Deals Won’t Last Long & You Can Save Up to 51%
- Amy Schumer's Parenting Milestone With 4-Year-Old Son Gene Will Have You Exhausted
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Baltimore to pay $275k in legal fees after trying to block far-right Catholic group’s 2021 rally
- West Virginia could become the 12th state to ban smoking in cars with kids present
- Sweden officially joins NATO, ending decades of post-World War II neutrality
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- 'A lot of fun with being diabolical': Theo James on new Netflix series 'The Gentlemen'
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- New York City FC CEO Brad Sims shares plans, construction timeline for new stadium
- Law-abiding adults can now carry guns openly in South Carolina after governor approves new law
- New Jersey sees spike in incidents of bias in 2023
- 'We're reborn!' Gazans express joy at returning home to north
- NFL mock draft: Broncos, Eagles aim to fill holes left by Russell Wilson, Jason Kelce
- Horoscopes Today, March 6, 2024
- Inter Miami vs. Nashville SC in Champions Cup: Will Messi play? Live updates, how to watch.
Recommendation
Intellectuals vs. The Internet
Investigators say they confirmed pilots’ account of a rudder-control failure on a Boeing Max jet
Mason Disick Proves He Can Keep Up With His Stylish Family in New Fit Check
Hand, foot, and mouth disease can be painful and inconvenient. Here's what it is.
Intellectuals vs. The Internet
Broncos release two-time Pro Bowl safety Justin Simmons, team's longest-tenured player
Why Oscars Host Jimmy Kimmel Thinks Jo Koy Should Get a Golden Globes Do-Over
Mom arrested after mixing a drink to give to child's bully at Texas school, officials say