Libya's NOC Says Output Stopped at Major Ports and Fields

With global energy markets already restricted, losses from Libya's recent 1.2 million barrels-per-day average output will put further pressure on prices.


Libya's National Oil Corp. warned on April 18 of a "painful wave of closures" and declared force majeure on some output and exports as forces in the east expanded their blockade of the sector over a political standoff.

The company said it could no longer implement contractual obligations for oil deliveries from Zueitina terminal or from its biggest oil field, Sharara, after saying it had halted production at another field, El Feel.

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