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Libya's Sharara oilfield declares force majeure after brief shutdown

Before a five-month blockade began in January, the field had produced 300,000 bpd, equivalent to about a third of Libya's output at the time.

June 09, 2020 / 20:33 IST
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Libya's National Oil Corporation (NOC) declared force majeure on exports from its Sharara oilfield on Tuesday, after production was briefly halted by an armed group just days after output had resumed following a blockade that had lasted months.

An oilfield engineer told Reuters that production at Sharara had resumed again but at less than 80,000 barrels per day (bpd).

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Before a five-month blockade began in January, the field had produced 300,000 bpd, equivalent to about a third of Libya's output at the time.

Almost all Libyan oil exports were stopped in January by forces based in the east of the North African nation.