Current:Home > FinanceLibya says production has resumed at its largest oilfield after more than 2-week hiatus -Stellar Wealth Sphere
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
View
Date:2025-04-13 21:12:54
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! (86)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Billie Eilish Unveils Massive New Back Tattoo
- Texas city settles lawsuit over police response to Trump supporters surrounding Biden bus in 2020
- Mexican court employees call 5-day strike to protest proposed funding cuts
- In ‘Nickel Boys,’ striving for a new way to see
- As home costs soar, Massachusetts governor unveils $4B proposal to build and preserve housing
- Threads ban on search terms like COVID is temporary, head of Instagram says
- Mexican court employees call 5-day strike to protest proposed funding cuts
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- New York governor begins trip in Israel, plans to meet families
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Neymar’s next chapter is off to a difficult start as Ronaldo and Messi continue to lead the way
- Why the average American family's net worth increased 37% during the pandemic
- Failed referendum on Indigenous rights sets back Australian government plans to become a republic
- Small twin
- Simu Liu Reveals His Parents Accidentally Took His Recreational Drugs While House Sitting
- Britney Spears fans revisit 'Everytime' after revelation of abortion with Justin Timberlake
- As home costs soar, Massachusetts governor unveils $4B proposal to build and preserve housing
Recommendation
Intellectuals vs. The Internet
Sen. Maria Cantwell says she wants any NIL legislation to also address NCAA athletes' rights
A new study points to a key window of opportunity to save Greenland's ice sheet
Florida woman arrested for painting car to look like Florida Highway Patrol car
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Nearly 200 bodies removed from Colorado funeral home accused of improperly storing bodies
Pennsylvania House OKs bill to move 2024 primary election by 1 week in protracted fight over date
CBS News witnesses aftermath of deadly Israeli airstrike in southern Gaza