The Libyan National Oil Company (NOC) has resumed crude exports from two terminals, three months after the start of an oil blockade amid the political crisis. In a statement on Wednesday, July 13, the NOC said the "state of force majeure on the Marsa Brega and Zouetina terminals" in the northeast of the country had been lifted. Invoked in exceptional circumstances, the state of "force majeure" allows the NOC to be exonerated from responsibility in the event of non-compliance with oil delivery contracts. Six oil fields and terminals were forcibly closed in mid-April by groups close to the eastern camp, demanding the transfer of power to Mr Bachagha. On Wednesday, local media reported that he had been replaced by banker Farhat Bengdara, citing a decree signed by Mr Dbeibah.

Source: Libya Today July 14, 2022 06:08 UTC