Current:Home > ScamsLibya says it suspended oil production at largest field after protesters forced its closure -MoneyMatrix
Libya says it suspended oil production at largest field after protesters forced its closure
View
Date:2025-04-15 04:02:53
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! (6652)
Related
- B.A. Parker is learning the banjo
- Bachelor Nation’s Victoria Fuller Dating NFL Star Will Levis After Greg Grippo Breakup
- 3-year-old dies in Florida after being hit by car while riding bike with mom, siblings
- Former tennis great Michael Chang the focus of new ESPN documentary
- Why members of two of EPA's influential science advisory committees were let go
- Borel Fire in Kern County has burned thousands of acres, destroyed mining town Havilah
- Rafael Nadal's loss vs. Novak Djokovic suggests his time in tennis is running short
- Selena Gomez Claps Back at Plastic Surgery Speculation
- Intellectuals vs. The Internet
- Rita Ora spends night in hospital, cancels live performance: 'I must rest'
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Mama
- ‘White Dudes for Harris’ is the latest in a series of Zoom gatherings backing the vice president
- Is USA's Kevin Durant the greatest Olympic basketball player ever? Let's discuss
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Kiss and Tell With 50% Off National Lipstick Day Deals: Fenty Beauty, Sephora, Ulta, MAC & More
- How a small South Dakota college became a national cyber powerhouse
- Storms bring flash flooding to Dollywood amusement park in Tennessee
Recommendation
B.A. Parker is learning the banjo
For 'Deadpool & Wolverine' supervillain Emma Corrin, being bad is all in the fingers
MLB power rankings: Top-ranked teams flop into baseball's trade deadline
9 Self-Tanners to Help Make Your Summer Tan Last
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Why are full-body swimsuits not allowed at the Olympics? What to know for Paris Games
Judge rejects GOP challenge of Mississippi timeline for counting absentee ballots
Johnny Depp pays tribute to late 'Pirates of the Caribbean' actor Tamayo Perry