They are exempt from it, but I do not think anything will come out of Libya soon. Libya tentatively lifted a six-month long force majeure in July to resume oil exports. Blockades have resulted in lost Libyan oil production worth $6.5 billion (Dh23.87bn) since the start of the year and led to an increase in the cost of rebuilding infrastructure, according to the Libyan National Oil Corporation. Much of Libya’s oil production was affected by the civil war that erupted after the downfall of Muammar Qaddafi in 2011. She does not expect Libyan exports to return to the market this year.
Source: The North Africa Journal August 29, 2020 12:11 UTC