Tags: Libya | Oil

Libya's Oil Company Says Production Resumed at Largest Field

Tuesday, 08 March 2022 05:00 AM EST

CAIRO (AP) — Libya’s national oil company said it resumed oil production Tuesday from the country’s largest field three days after an armed group shut it down.

The state-run National Oil Corporation said pump valves at the Sharara field were opened a few minutes after midnight local time.

It said it lifted a force majeure, a legal maneuver that lets a company get out of its contracts because of extraordinary circumstances.

The company said technical workers were working to resume production from el-Feel oil field.

The closure of the two fields caused Libya’s daily oil production to drop by 330,000 barrels, the NOC said.

Before the shutdown, Libya’s production stood at around 1.2 billion barrels a day.

The North African nation has the ninth-largest known oil reserves in the world, and the biggest oil reserves in Africa.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Libya's national oil company said it resumed oil production Tuesday from the country's largest field three days after an armed group shut it down.The state-run National Oil Corporation said pump valves at the Sharara field were opened a few minutes after midnight local...
Libya,Oil
136
2022-00-08
Tuesday, 08 March 2022 05:00 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved