Libya announces resumption of production at largest oilfield after over 2-week hiatus

After a hiatus of more than two weeks due to protesters blocking the facility over fuel shortages, Libya’s state-owned oil company has resumed production at the country’s largest oilfield on Sunday. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full production. It didn’t provide further details. Force majeure is a legal manoeuvre that releases a company from its contractual obligations because of extraordinary circumstances. The company had activated the manoeuvre on Jan. 7 after protesters from the desert town of Ubari, about 950 kilometres (590 miles) south of the capital, Tripoli, shut down the field to protest fuel shortages. Over the past two weeks, the company’s chief, Farhat Bengdara, and military officials from eastern Libya have been negotiating with the protest leaders, Fezzan Group. Barzingi al-Zarrouk, the protesters’ spokesman, announced that they had suspended their protest after they reached an agreement with the company. He said the agreement was brokered by the self-styled Libyan National Army, which is commanded by powerful military general Khalifa Hifter. Hifter’s forces control Libya’s east and much of the south. The protesters have reportedly called for rehabilitating infrastructure and repairing roads in the southwestern region of Fezzan, one of the historic three provinces of Libya. They previously closed the field for two days in July. Libya’s light crude has long featured in the country’s yearslong civil conflict, with rival militias and foreign powers jostling for control of Africa’s largest oil reserves. Libya has been in turmoil since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. The North African nation has for most of the past decade been split between rival administrations in the East and the West, each backed by militias and foreign governments. With inputs from AP.