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Eastern Forces Transfer Control Of Oilfield In Effort To Restart Production

February 22 2019

Libya

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...

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