Libya’s National Oil Corporation (NOC) said today it lifted force majeure on Sharara oilfield.
Force majeure was declared on Jan 7 after protesters from the South Western Ubari region closed the field in protest at rising fuel prices, poor economic opportunity and unemployment.
Sharara is operated by a joint venture between Libya’s National Oil Corp, Equinor, OMV, Repsol and TotalEnergies.
The closure, which also affected the 60,000 b/d el-Feel field, sparked fears of further protests at oil installations near Tripoli, including the Zawiya refinery and Eni’s Mellitah complex, which would hit natural gas supply to Europe through the Greenstream pipeline.