Libya’s NOC Declares Force Majeure On Zawiya Exports As Sharara Output Drops

Libya’s National Oil Corporation (NOC) said on July 17 it had declared force majeure on exports from Zawiya oil terminal as production at Sharara oilfield dropped to 125,000 barrels per day (bbl/d).

Production at Sharara, where some staff were evacuated after two workers were abducted on July 14, was enough to supply Zawiya refinery but left no excess for export, the NOC said in a statement.

Force majeure, a legal waiver on contractual obligations, had commenced on July 16, NOC said.