Tuesday, September 16, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

NOC Lifts Force Majeure on Major Libya Oil Ports

October 23, 2020
Share on FacebookShare on Twitter

The National Oil Corporation (NOC) announced the lifting of its force majeure on both the Sidra and Ras Lanuf oil fields. It confirmed that all foreign forces have left the ports, and it is now able carry out its operations.

The NOC has instructed the start of production arrangements, and the observation of the security and safety standards.

It stated that it valued the efforts made by all local and international parties to reopen the oil fields. The NOC also noted that it pledges to adhere to the professional and non-political constants.

“As production resumes at the Al-Waha and Al-Harouge fields, overall production in Libya is expected to reach 800,000 bpd within two weeks. It is expected to exceed one million barrels within 4 weeks,” the NOC noted.

It also indicated that natural gas production will increase at the electric power plants of Zueitina, and North Benghazi areas.

Field Marshal Khalifa Haftar announced the resumption of oil production and export “as long as funds are not used to finance terrorism.”

Libya’s daily oil production was more than 1.2 million bpd, before the blockade took place in January.

Tags: ForcelibyaLiftsMajuerenocoilPorts
Next Post

Russia-US Stress Importance of International Law in Resolving Libyan Crisis

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Khaled Haftar Highlights Libya-Egypt Military Cooperation

Libya & Turkey Strengthen Energy Cooperation

Libya Reasserts Sovereign Maritime Rights in Mediterranean

US Bans Libyan Citizens from Entering Country

Libyan Police Arrest Illegal Migrants in Benghazi

Chad Condemns Criminal Activity Along Borders with Libya

EDITOR PICKS

Libyan Officials Discuss Solutions to Libya’s Electricity Shortages

UNSMIL Panel Explores Journalism in Political Process

NOC Discusses Support for Power Generation Plants in Libya

US Sees Stability & Reform as Path to Investment in Libya

Libya Boosts Oilfield Operations through Partnership with SLB

Chad Condemns Criminal Activity Along Borders with Libya

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR