Libya to resume oil production at two of its major fields

Libya’s National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid tensions between the country’s dueling authorities

CAIRO — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two of its major fields amid a political crisis.

The National Oil Corporation said in a statement that it would resume production at the Sharara and El-Feel oil fields, and export shipments from Es Sider, the country’s largest port. In August, the company declared “force majeure,” a legal maneuver that lets a company get out of its contracts because of extraordinary circumstances.

As part of the review of the force majeure situation, NOC confirmed in its statement that it “can resume the operations of crude oil production and exporting operations to its customers.”

The National Oil Corporation previously blamed the shutdown on the Fezzan Movement, a local protest group. It came as the country’s rival authorities were locked in a dispute over the governance of its Central Bank, which distributes the country’s oil revenues.

In August, the U.N. warned that the country was poised to face even greater instability due to the dispute. But that was resolved in recent days, when the country’s parliament appointed a new governor to the bank.

Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, producing up to 300,000 barrels per day.

The oil-rich country has been in political turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. Since then, Libya has been split between rival administrations in the east and the west, each backed by militias and foreign governments.

Read More

  • Related Posts

    Air China to resume flights to North Korea at the end of the month

    This page either does not exist or is currently unavailable. From here you can either hit the “back” button on your browser to return to the previous page, or visit…

    US Steel to resume production at Illinois plant shut 3 years ago

    U.S. Steel says it’ll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand ByMARC LEVY Associated Press December 5, 2025, 11:46 AM HARRISBURG, Pa.…

    You Missed

    Iran-US war LIVE: Trump warns NATO faces ‘very bad’ future if allies don’t help him secure the Strait of Hormuz as Dubai airport closes again after drone strike

    • By poster
    • April 8, 2026
    • 2 views
    Iran-US war LIVE: Trump warns NATO faces ‘very bad’ future if allies don’t help him secure the Strait of Hormuz as Dubai airport closes again after drone strike

    Timothee Chalamet is brutally SNUBBED for Michael B Jordan after humiliating Oscars night where he was the butt of every joke… and his response said it all

    • By poster
    • April 8, 2026
    • 2 views
    Timothee Chalamet is brutally SNUBBED for Michael B Jordan after humiliating Oscars night where he was the butt of every joke… and his response said it all

    Tornadoes predicted to hit 12 million Americans as Missouri influencer shows epicenter of megastorm: ‘It’s coming right for us’

    • By poster
    • April 8, 2026
    • 2 views
    Tornadoes predicted to hit 12 million Americans as Missouri influencer shows epicenter of megastorm: ‘It’s coming right for us’

    Starmer refuses to send warships: PM tells Trump UK is ‘not ready’ as US asks for aid to protect the Strait of Hormuz

    • By poster
    • April 8, 2026
    • 2 views
    Starmer refuses to send warships: PM tells Trump UK is ‘not ready’ as US asks for aid to protect the Strait of Hormuz

    Grammar school girl and university student dead in ‘nightclub-linked’ meningitis outbreak in Kent: Eleven more youngsters ‘seriously ill’ in hospital

    • By poster
    • April 8, 2026
    • 2 views
    Grammar school girl and university student dead in ‘nightclub-linked’ meningitis outbreak in Kent: Eleven more youngsters ‘seriously ill’ in hospital

    Man jailed under Australia’s toughest new relationship law after brave mum reported his shocking abuse to police

    • By admin
    • April 7, 2026
    • 1 views
    Man jailed under Australia’s toughest new relationship law after brave mum reported his shocking abuse to police