Current:Home > FinanceLibya says production has resumed at its largest oilfield after more than 2-week hiatus -Keystone Capital Education
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
View
Date:2025-04-23 09:27:55
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! (812)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Gov. Kathy Hochul outlines steps New York will take to combat threats of violence and radicalization
- Dyson Airwrap Flash Deal: Save $180 On The Viral Beauty Tool Before It Sells Out, Again
- Diplomats from South Korea, Japan and China will meet about resuming a trilateral leaders’ summit
- A South Texas lawmaker’s 15
- Endangered whale last seen 3 decades ago found alive, but discovery ends in heartbreak
- Kansas City Native Jason Sudeikis Weighs In On Taylor Swift’s Relationship With Travis Kelce
- English FA council member resigns after inappropriate social media post on war in Gaza
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Could a 'funky' pathogen be sickening dogs? Scientists search for clues
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Gov. Kathy Hochul outlines steps New York will take to combat threats of violence and radicalization
- Ukraine says 3 civilians killed by Russian shelling and Russia says a drone killed a TV journalist
- Incumbent Salt Lake City Mayor Erin Mendenhall wins bid for second term
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Republic of Congo marks a day of mourning for 31 dead in a stadium stampede
- World's richest 1% emitting enough carbon to cause heat-related deaths for 1.3 million people, report finds
- Geno Smith injury updates: Seahawks optimistic on QB's chances to play vs. 49ers
Recommendation
Intel's stock did something it hasn't done since 2022
The EU Parliament Calls For Fossil Fuel Phase Out Ahead of COP28
What is Google Fi? How the tech giant's cell provider service works, plus a plan pricing
'Bye Bye Barry' doc, Scott Mitchell's anger over it, shows how far Detroit Lions have come
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
English FA council member resigns after inappropriate social media post on war in Gaza
Pilot tried to pull out of landing before plane crashed on the doorstep of a Texas mall
4-day truce begins in Israel-Hamas war, sets stage for release of dozens of Gaza-held hostages