Energy

Libya state oil firm declares force majeure on largest oil field

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A picture taken on June 3, 2020 shows an oil refinery in Libya’s northern town of Ras Lanuf. – Libya’s National Oil Company said Monday it had restarted production at Al-Fil oil field, closed since January by the forces of eastern military strongman Khalifa Haftar. The NOC’s announcement came a day after output resumed at Al-Sharara oil field, the country’s largest, following a string of victories against Haftar by forces backing Libya’s Tripoli-based unity government.

AFP via Getty Images

Libya’s National Oil Corporation has declared force majeure on exports from its largest oil field Tuesday, after a militia group shut it down just days after it resumed production following a six-month…



Source cnbc.com

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