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Libya's National Oil Corporation (NOC) reaches agreement with Petroleum Facilities Guards (PFGs) to lift the force majeure status and resumption of production in Al Sharara Oil Field.
Libya's National Oil Corporation announced the lifting of the Force Majeure status on Sunday 11 October 2020. Instructions have been given to Akakus Oil Operations (AOO), the operator, to start production arrangements subject to the standards of general security and safety precautions of the operations.
The National Oil Corporation, under the patronage of the United Nations Mission in Libya, discussed the issue of the security arrangements for oil fields and ports at Hurghada meetings this month. These discussions contributed positively to mitigating the obstacles and difficulties facing the stability of operations in Al Sharara Field and its affiliated sites.
The NOC highly commends the efforts exerted by all local and international parties.
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