The National Oil Corporation (NOC) of Libya declared force majeure on operations at the Sharara oil field, after declaring force majeure on 9 December on exports from Zawiya of crude oil produced at Sharara.
Oil production will now only restart at Sharara after alternative security arrangements are put in place. “Production at Sharara was forcibly shut down by an armed group - Battalion 30 and its civilian support company- that claimed to be providing security at the field, but which threatened violence against NOC employees,” said NOC chairman Eng. Mustafa Sanalla. “Clearly we cannot return to the security situation we were in before the field was shut.”
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