Libya’s National Oil Corporation (NOC) is back to square one after moves to restart production and exports were blocked by General Khalifa Haftar’s eastern-based Libyan National Army (LNA) on 11 July, just one day after it had declared a resumption in operations (MEES, 10 July).
Efforts by the US to forge a deal between the rival eastern and western administrations to restart output in Libya appeared to be making headway, when the NOC on 10 July lifted force majeure on all export terminals in the country. In this short time, NOC affiliate Waha Oil Company even managed to load up and send off a 730,000-barrel cargo from its Es Sider export terminal. (CONTINUED - 899 WORDS)
