Current:Home > FinanceLibya says it suspended oil production at largest field after protesters forced its closure -Elevate Profit Vision
Libya says it suspended oil production at largest field after protesters forced its closure
View
Date:2025-04-12 10:05:49
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! (3871)
Related
- Trump wants to turn the clock on daylight saving time
- Shhhh! If you win the Mega Millions jackpot, be quiet. Then, do this.
- Companies Are Poised to Inject Millions of Tons of Carbon Underground. Will It Stay Put?
- Emily Ratajkowski Reveals Her Divorce Rings Nearly 2 Years After Sebastian Bear-McClard Breakup
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- JetBlue is cutting unprofitable routes and leaving 5 cities
- Battleship on the Delaware River: USS New Jersey traveling to Philadelphia for repairs
- Riley Strain Search: Police Share Physical Evidence Found in Missing College Student's Case
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Hilary Swank Has a Million-Dollar Message for Moms Who Complain About Motherhood
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- FBI says homicide rates fell nationwide in 2023
- Jonathan Majors' ex-girlfriend sues him for assault and defamation
- Megan Fox Confirms Machine Gun Kelly Engagement Was Once Called Off: Where They Stand Now
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- On 20th anniversary of Vermont teen Brianna Maitland’s disappearance, $40K reward offered for tips
- Fire destroys senior community clubhouse in Philadelphia suburb, but no injuries reported
- Anticipation and anger on Texas border after Supreme Court lets strict immigration law take effect
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Man dead, woman rescued after falling down 80-foot cliff in UTV at Kentucky adventure park
Highlights from the AP’s reporting on the shrimp industry in India
Police commander reportedly beheaded and her 2 bodyguards killed in highway attack in Mexico
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
The Who's Roger Daltrey will return to the US for intimate solo tour
Jokic’s 35 points pace Nuggets in 115-112 win over short-handed Timberwolves after tight finish
Baby giraffe named 'Saba' at Zoo Miami dies after running into fence, breaking its neck