Force majeure lifted on Libya’s Sharara oilfield

Oil

Libya’s National Oil Corporation (NOC) has lifted force majeure on the Sharara oilfield, following the termination of the Libyan National Army’s (LNA) nine-month oil blockade in September, Reuters report. Oil production in Libya is now expected to rise to around 355K b/d, with the NOC stating that production at the country’s largest oilfield will begin once appropriate safety standards have been met.