Libya's Largest Oilfield Resumes Production Following Protests
An agreement brokered by the Libyan National Army led to the suspension of protests and the resumption of full production.
- Libya's largest oilfield, the Sharara, has resumed production after a more than two-week halt due to protests over fuel shortages.
- The National Oil Corp. lifted the force majeure, a legal maneuver that releases a company from its contractual obligations due to extraordinary circumstances, and resumed full production.
- The protests were led by the Fezzan Group from the desert town of Ubari, located about 950 kilometers south of the capital, Tripoli.
- Negotiations over the past two weeks between the company's chief, Farhat Bengdara, military officials from eastern Libya, and the protest leaders led to an agreement that suspended the protests.
- The agreement was brokered by the Libyan National Army, commanded by powerful military general Khalifa Hifter, whose forces control Libya's east and much of the south.