Libya Declares Force Majeure On Biggest Oilfield

The Libyan National Oil Company (NOC) has declared force majeure on another key Libyan oil field, the 300,000 bpd Al Sharara, amid protests that had shut down production at two ports and the El Feel oilfield on Sunday. According to the NOC, “a group of individuals put pressure on workers in the Al-Sharara oil field, which forced them to gradually shut down production and made it impossible for the NOC to implement its contractual obligations”.  The NOC said it was “obliged” to declare a state of force majeure on Al…