Libya Oil Boss: Biggest Field Won't Restart Until Militia Leaves
- NOC can’t lift force majeure because Sharara is not ‘safe‘
- Country’s biggest oil field produces 300,000 barrels a day
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Libya’s state-run National Oil Corp. refused to restart the country’s biggest field after militants seized and declared it secure earlier this month.
The standoff over Sharara, which can pump about 300,000 barrels of crude a day, is entering its third month. NOC won’t resume production while armed groups are there, the company’s chairman Mustafa Sanalla said on Sunday. The Libyan National Army, loyal to eastern leader Khalifa Haftar, controls the field and said it’s ready to restart.