Libya Declares Force Majeure on Zawiya Oil Port, NOC Says
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Libya’s National Oil Corp. declared force majeure on crude shipments from Zawiya port starting July 20 after halting production from the Sharara oil field, it said in a statement.
Production from Sharara, Libya’s largest oil field, was stopped as a result of a probe into a suspected valve closure, the company said. Production of 290,000 barrels a day has been halted, preventing the loading of crude at the terminal, according to the statement.