The National Oil Corporation (NOC) of Libya has temporarily lifted a force majeure it imposed on the Zueitina oil export terminal last month in a bid to reduce oil inventories and free up storage space. “With the efforts of the loyal people of this country and in regular and continuous communication with the all parties, the Zouitina oil terminal has temporarily resumed work, to load two tankers and allow for enough space to store the displaced volume of the crude oil,” the NOC said in a statement. The decision follows a warning by…
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