Situation in Libya

Force majeure declared on the El-Sharara oilfield in Libya

by Anadolu Agency

Libya’s National Oil Corporation (NOC) on Monday declared force majeure on oil exports from the El-Sharara oilfield.

In a statement, the state-owned company said oil production was halted until further notice after a group of people entered the facility and prevented employees from working. It did not, however, identify this group of people.

Declaring force majeure allows the company to exonerate itself from legal responsibility regarding its commitments to clients.

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