February 22 2019
Forces loyal to the unrecognized government in Tobruk in eastern Libya have handed over control of the El Sharara oilfield to an oil security force in a bid to get the National Oil Corp. (NOC), based in Tripoli, to restart production, reports Middle East Online.
Production at the oilfield was halted in December after state guards and tribesmen seized it. NOC then declared force majeure, which is a waiver on its contracts, reported Reuters.
NOC has said that it would not restart...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
Try Military Periscope free for seven days
Military Periscope FEDLINK information
Service ID: UC
Contract Number: LCFDL24D0002
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
customerservice@militaryperiscope.com
©Military Periscope 2024
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.