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Home Business

NOC lifts force majeure on all oilfields

bySami Zaptia
October 5, 2024
Reading Time: 2 mins read
A A
NOC announces force majeure at Zawia port

(Logo: NOC).

The National Oil Corporation (NOC) announced last Thursday (3 September) that it has lifted its force majeure declared on 2nd September and 7th August at Sharara, El-Feel and Essider oilfields.

The NOC was forced into declaring the states of force majeure following the political closure of the oilfields by the eastern based Hafter regime in reaction to the Central Bank of Libya crisis.

The Central Bank of Libya crisis was caused by the western based Presidency Council unilaterally appointing a new CBL Governor.

 

NOC declares Force Majeure at El-Feel crude oil field from 2nd of September (libyaherald.com)

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Tags: CBL Central Bank of Libyaforce majeureNOC National Oil Corporation

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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

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