Production halted at Libya’s biggest oilfield ...News

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Production halted at Libya’s biggest oilfield
The country’s state oil giant says negotiations with protesters to resume operations are ongoing Force majeure has been declared at Libya’s largest oilfield, Sharara, after protesters shut down the field, according to a statement released by the National Oil Company (NOC) on Sunday. The company added that negotiations are ongoing to resume production at the site as soon as possible. “The National Oil Corporation has declared a force majeure on the Sharara oilfield effective Sunday, January 7th, 2024, due to it’s closure by protesters,” the statement reads. According to the company, the closure has resulted in the

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