Current:Home > BackLibya says it suspended oil production at largest field after protesters forced its closure-DB Wealth Institute B2 Expert Reviews
Libya says it suspended oil production at largest field after protesters forced its closure
View Date:2024-12-23 23:31:20
CAIRO (AP) — Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages.
The National Oil Corp. declared force majeure at the Sharara oil field in the country’s south starting Sunday. Force majeure is a legal maneuver that releases a company of its contractual obligations because of extraordinary circumstances.
The company said in a statement that the closure of the field forced the suspension of crude oil supplies to the western Zawiya terminal on the Mediterranean coast.
Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, with a capacity of up to 300,000 barrels per day.
The company said negotiations with the protesters were underway to resume production “as soon as possible.”
Local media reported that residents of the desert town of Ubari, about 950 kilometers (590 miles) south of the capital Tripoli, shut down the field to protest fuel shortages.
The protesters also called for rehabilitating infrastructure and repairing roads in the southwestern region of Fezzan, one of the historic three provinces of Libya. They had closed the field for two days in July.
Libya’s light crude has long featured in the country’s yearslong civil conflict, with rival militias and foreign powers jostling for control of Africa’s largest oil reserves.
Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. The North African nation has for most of the past decade been split between rival administrations in the east and the west, each backed by militias and foreign governments.
veryGood! (39)
Related
- How Kim Kardashian Navigates “Uncomfortable” Situations With Her 4 Kids
- Embracing election conspiracies could sink a Kansas sheriff who once looked invulnerable
- Archery's Brady Ellison wins silver, barely misses his first gold on final arrow
- Democratic primary in Arizona’s 3rd District still close, could be headed for recount
- Brands Our Editors Are Thankful For in 2024
- Who will US women's basketball team face in Olympics quarterfinals? Everything to know
- Noah Lyles is now the world's fastest man. He was ready for this moment.
- Dueling Harris and Trump rallies in the same Atlanta arena showcase America’s deep divides
- Appeals Court Affirms Conviction of Everglades Scientist Accused of Stealing ‘Trade Secrets’
- Josh Hall addresses 'a divorce I did not ask for' from HGTV's Christina Hall
Ranking
- Kentucky officer reprimanded for firing non-lethal rounds in 2020 protests under investigation again
- Why Team USA hurdler Freddie Crittenden jogged through a preliminary heat at the Olympics
- Hyundai, Nissan, Tesla among 1.9M vehicles recalled last week: Check car recalls here
- Zac Efron hospitalized after swimming accident in Ibiza, reports say
- How Leonardo DiCaprio Celebrated His 50th Birthday
- Kamala Harris on Social Security: 10 things you need to know
- Trip to Normandy gives Olympic wrestler new perspective on what great-grandfather endured
- Pope Francis’ close ally, Cardinal Sean O’Malley, retires as archbishop of Boston at age 80
Recommendation
-
Amazon launches an online discount storefront to better compete with Shein and Temu
-
Amazon: Shoppers are distracted by big news events, like assassination attempt
-
Americans are ‘getting whacked’ by too many laws and regulations, Justice Gorsuch says in a new book
-
Save 80% on Michael Kors, 50% on Banana Republic, 70% on Gap & Today's Best Deals
-
Gun groups sue to overturn Maine’s new three-day waiting period to buy firearms
-
Proposed law pushes for tougher migrant detention following Texas girl’s killing
-
Gabby Thomas advances to women's 200m semis; Shericka Jackson withdraws
-
Man charged with sending son to kill rapper PnB Rock testifies, says ‘I had nothing to do with it’