Libya’s NOC on 7 August declared force majeure on exports of Sharara crude oil production from the Zawiya terminal. Sharara is located in the country’s far southwest, and operated by the Akakus JV grouping NOC with Spain’s Repsol, Austria’s OMV, France’s TotalEnergies, and Norway’s Equinor.
The decision follows days of protests from 3 August that forced a partial shutdown of the 300,000 b/d-capacity field, significantly reducing supplies to the Zawiya, sited west of Tripoli. (CONTINUED - 1143 WORDS)
