Force majeure at Libya's top oil-field —again
Libya's National Oil Company (NOC) declared force majeure at the country's largest oilfield Dec. 18, a week after announcing a contractual waiver on exports from the 315,000-bpd Sharara field following its seizure by protesters and militants. The Sharara facility was seized Dec. 8 by a force of desert tribesmen under the banner or the Fezzan Anger Movement, which is demanding better living conditions for the remote and impoversihed southern region of the country. Sharara is located in the Fezzan region, which produces most of Libya's oil but lacks basic services such as electricity and hospitals. The Fezzan militants were actually joined by members of the Petroleum Facilities Guard, demanding back wages be paid by the UN-backed Government of National Accord (GNA). Oil production in Libya has been repeatedly paralyzed by unrest over the past years, and the NOC is still struggling to restore output to pre-2011 levels. (OilPrice, Reuters, Gulf Times, TeleSur, North Africa Post)
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