Libya National Oil’s New Chief Says Production Will Be Fully Back in a Week - News Summed Up

Libya National Oil’s New Chief Says Production Will Be Fully Back in a Week


Libya is restarting its oil exports and production from all of its fields after reaching a deal with protesters, ending months-long blockade that had halved the OPEC nation’s output. “The National Oil Corporation declares the lifting of force majeure and the end of all closures of all Libyan oil fields and ports,” the new NOC Chairman Farhat bin Qadara said in a televised presser after securing an agreement with protesters and tribal heads to reopen the fields and export terminals that had been largely down since mid-April.


Source: Libya Today July 16, 2022 03:30 UTC



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