Ceasefire sees Libya’s NOC end all closures of oilfields & ports after 8-month blockade

Libya’s National

Libya’s National Oil Corp (NOC) has lifted force majeure on the El-Feel oilfield, the company said on Monday, with all oilfields and ports now being opened after an eight-month blockade by eastern forces.

The restarting of the last of the major oilfields follows a ceasefire in the civil war. Monday’s move marks “the end of closures at all Libyan oilfields and ports,” the Tripoli-based NOC said. The company expects its total oil output to reach 800,000 barrels per day within two weeks, and one million bpd within a month.

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