Current:Home > reviewsLibya says production has resumed at its largest oilfield after more than 2-week hiatus -FinanceAcademy
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
View
Date:2025-04-14 22:44:18
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! (9)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Ozempic and Wegovy maker courts prominent Black leaders to get Medicare's favor
- Read the Heartwarming Note Taylor Swift Wrote to Alicia Keys’ Son for Attending Eras Tour
- Coco Gauff becomes first player since 2009 to win four WTA tournaments as a teenager
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Read the Heartwarming Note Taylor Swift Wrote to Alicia Keys’ Son for Attending Eras Tour
- Chandler Halderson case: Did a Wisconsin man's lies lead to the murders of his parents?
- Why India's yogurt-based lassi is the perfect drink for the hottest summer on record
- In ‘Nickel Boys,’ striving for a new way to see
- NASCAR driver Noah Gragson suspended for liking racially insensitive meme on social media
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Iran opens registration for candidates in next year’s parliament election, the first since protests
- USWNT humbled by Sweden, again. Epic World Cup failure ends with penalty shootout
- What happens when a person not mentally competent is unfit for trial? Case spotlights issue
- The Grammy nominee you need to hear: Esperanza Spalding
- Bryson DeChambeau claims first LIV tournament victory after record final round
- Boating this summer? It's important to take precautions—bring these safety items
- Severe storms, unrelenting heat affecting millions in these US states
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Your HSA isn't just for heath care now. Here are 3 ways it can help you in retirement.
Your HSA isn't just for heath care now. Here are 3 ways it can help you in retirement.
Read the Heartwarming Note Taylor Swift Wrote to Alicia Keys’ Son for Attending Eras Tour
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Tens of thousands of young scouts to leave South Korean world jamboree as storm Khanun looms
Pregnant Kourtney Kardashian Proves Her Maternity Style Is the Most Interesting to Look At
Livestreamer Kai Cenat charged after giveaway chaos at New York's Union Square Park