Current:Home > MyLibya says production has resumed at its largest oilfield after more than 2-week hiatus -Excel Money Vision
Libya says production has resumed at its largest oilfield after more than 2-week hiatus
View
Date:2025-04-15 19:24:09
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! (24)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- 'Yellowstone' Season 5, Part 2: Here's when the final episode comes out and how to watch
- Stock market today: Asian stocks are mixed ahead of key US inflation data
- 'Unimaginable situation': South Korea endures fallout from martial law effort
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- 'The Later Daters': Cast, how to stream new Michelle Obama
- Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
- Orcas are hunting whale sharks. Is there anything they can't take down?
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Blast rocks residential building in southern China
Ranking
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Ohio Supreme Court sides with pharmacies in appeal of $650 million opioid judgment
- The best tech gifts, gadgets for the holidays featured on 'The Today Show'
- Here's how to make the perfect oven
- Stamford Road collision sends motorcyclist flying; driver arrested
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
- Jim Carrey Reveals Money Inspired His Return to Acting in Candid Paycheck Confession
Recommendation
Intellectuals vs. The Internet
With the Eras Tour over, what does Taylor Swift have up her sleeve next? What we know
Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
Not sure what to write in your holiday card? These tips can help: Video tutorial
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Woman fired from Little India massage parlour arrested for smashing store's glass door
Arctic Tundra Shifts to Source of Climate Pollution, According to New Report Card