Libya’s Oil Output Rebounds as Militias Reopen Biggest Field
- Production is back to 1 million barrels a day as Sharara opens
- Unclear if force majeure for western ports is still in place
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Libya’s oil production has recovered to 1 million barrels a day after militias ended a three-week blockade of several western fields, including the nation’s biggest, according to people familiar with the matter.
Government officials reached a deal with a paramilitary force known as the Petroleum Facilities Guard, the people said on Monday. The PFG is meant to protect energy facilities but in recent years has closed some of them to press salary and political demands. In December, the group shut pipelines taking oil from Sharara, Libya’s biggest field, and others to ports.