All oil fields reopen after cease-fire, Libya's NOC says - News Summed Up

Trending Today


All oil fields reopen after cease-fire, Libya's NOC says


Libya's National Oil Corporation (NOC) said Monday it lifted the last remaining force majeure on an oil facility in the war-torn country, three days after rival factions struck a cease-fire deal. Blocked for more than 10 months, the Al-Feel oil field is located about 750 kilometers (some 465 miles) southwest of Tripoli. Up until January, Libyan oil production stood at 1.25 million barrels per day but then drastically declined as eastern-based illegitimate forces loyal to putschist Gen. Khalifa Haftar imposed a monthslong blockade of oil fields and ports. The U.N. announced Friday the signing of a "permanent" and immediate cease-fire agreement between military delegations from Libya's warring parties, calling it "an important turning point toward peace and stability in Libya." US welcomes dealIn another statement, the U.S. welcomed on Monday the cease-fire between Libya's warring parties, calling it a "courageous" step.


Source: Libya Today October 27, 2020 10:55 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */