Current:Home > FinanceLibya says it suspended oil production at largest field after protesters forced its closure -NextGenWealth
Libya says it suspended oil production at largest field after protesters forced its closure
View
Date:2025-04-18 12:35:42
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! (336)
Related
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- Judge frees Colorado paramedic convicted in death of Elijah McClain from prison
- Retired Oklahoma Catholic bishop Edward Slattery dies at 84
- You're Doing Your Laundry All Wrong: Your Most Common Laundry Problems, Solved
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- New Boar's Head lawsuit details woman's bout with listeria, claims company withheld facts
- Dogs bring loads of joy but also perils on a leash
- Universities of Wisconsin adopt viewpoint-neutral policy for college leaders
- British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
- What to watch: Worst. Vacation. Ever.
Ranking
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- Still adjusting to WWE life, Jade Cargill is 'here to break glass ceilings'
- Line and Bridge Fires blaze in California, thousands of acres torched, thousands evacuated
- A river otter attacks a child at a Seattle-area marina
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- 6 teenage baseball players who took plea deals in South Dakota rape case sentenced
- Pope slams Harris and Trump on anti-life stances, urges Catholics to vote for ‘lesser evil’
- Conservancy, landlord headed to mediation amid ongoing rent dispute for historic ocean liner
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Graceland fraud suspect pleads not guilty to aggravated identity theft, mail fraud
Kansas cold case ends 44 years later as man is sentenced for killing his former neighbor in 1980
As civic knowledge declines, programs work to engage young people in democracy
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Georgia’s governor says a program to ease college admission is boosting enrollment
Fast-moving fire roars through Philadelphia warehouse
Dogs bring loads of joy but also perils on a leash