Libya’s National Oil Corporation (NOC) declared force majeure on crude exports from its oil terminals amid continued blockades of production and ports, which have severely crippled Libya’s oil exports
Libya’s National Oil Corporation (NOC) could declare force majeure on oil exports from several key export terminals in the Gulf of Sirte amid continued blockades and closures of oil-producing and export infrastructure
Introduction Following the October 2020 ceasefire and successful United Nations-brokered Libyan Political Dialogue Forum Process (LPDF), Libya finally saw the formation of a new, unified government, which ended almost six years of division. During those six years, the country had two governments: the internationally recognized Government of the National Accord (GNA) led by Fayez al-Sarraj and the eastern-based government led …
Libya’s oilfields are expected to reopen soon, after militias have agreed to lift the siege on oil facilities, Parliament-backed Libyan Prime Minister Fathi Bashagha said