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Work resumes at Libya’s largest oil field

Work resumes at Libya’s largest oil field

The National Oil Corporation (NOC) of Libya announced the resumption of the El Sharara field – the largest oil field in the country – after lifting the status of “force majeure” on Sunday.

The National Oil Corporation said in a statement that it had given instructions to start production arrangements, after reaching an “honour agreement” under which forces loyal to eastern Libya strongman Khalifa Haftar, would commit to ending all obstacles and ensuring that security breaches don’t occur.

It comes after positive consultations, under the auspices of the United Nations Mission in Libya, which took place last month in the Egyptian city of Hurghada, on the Red Sea coast, which dealt with security arrangements for oil fields and ports. Abduljalil Mayouf, an oil and gas consultant in the interim government, said the El Sharara oil field would return to production soon, but it would need some routine maintenance before doing so.

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Source: AfricaNews

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