Current:Home > InvestLibya says it suspended oil production at largest field after protesters forced its closure -Wealth Evolution Experts
Libya says it suspended oil production at largest field after protesters forced its closure
Charles Langston View
Date:2025-04-09 17:40:08
CAIRO (AP) — Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages.
The National Oil Corp. declared force majeure at the Sharara oil field in the country’s south starting Sunday. Force majeure is a legal maneuver that releases a company of its contractual obligations because of extraordinary circumstances.
The company said in a statement that the closure of the field forced the suspension of crude oil supplies to the western Zawiya terminal on the Mediterranean coast.
Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, with a capacity of up to 300,000 barrels per day.
The company said negotiations with the protesters were underway to resume production “as soon as possible.”
Local media reported that residents of the desert town of Ubari, about 950 kilometers (590 miles) south of the capital Tripoli, shut down the field to protest fuel shortages.
The protesters also called for rehabilitating infrastructure and repairing roads in the southwestern region of Fezzan, one of the historic three provinces of Libya. They had 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.
veryGood! (6743)
Related
- The Daily Money: Spending more on holiday travel?
- Rainfall from Hilary almost met the yearly average for some areas of California
- Virginia man wins largest online instant lottery game in US history
- Maui confronts challenge of finding those unaccounted for after deadly fire
- Travis Hunter, the 2
- The Surprisingly Simple Way Lady Gaga Gives Herself an Extra Boost of Confidence
- Probiotics fuel us but what fuels probiotics? Prebiotics.
- Free Disney World passes is latest front in war between Disney and DeSantis appointees
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Free Disney World passes is latest front in war between Disney and DeSantis appointees
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- As Tropical Storm Hilary shrinks, desert and mountain towns dig themselves out of the mud
- Canadian firefighters make progress battling some blazes but others push thousands from their homes
- Nevada assemblywoman announces congressional bid in swing district
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Texas court offers rehabilitation program to help military veterans who broke the law
- 3 people suffer burns, need life support after food truck fire in Sheboygan
- What are peptides? Understand why some people take them.
Recommendation
All That You Wanted to Know About She’s All That
Kansas newspaper reporter had 'every right' to access business owner's driving record, attorney says
Joey Graziadei Named Star of The Bachelor Season 28
3 people suffer burns, need life support after food truck fire in Sheboygan
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
SpaceX launch livestream: Watch 21 Starlink satellites lift off from California
Why Bradley Cooper Feels Very Lucky Amid 19-Year Journey With Sobriety
Anthony Edwards erupts for 34 points as Team USA battles back from 16 to topple Germany