- Zueitina exports were shuttered in mid-April by protesters
- NOC said continued closure would create environmental crisis
- Production at several Libyan oil fields also halted
Libya’s National Oil Corporation (NOC) announced on Sunday the “temporary” lifting of force majeure and resumption of operations at the Zueitina oil terminal in order to reduce stock and free up storage capacity, reports Platts.
Imminent environmental disaster
The state oil company had warned of “imminent environmental disaster” at the facility unless tanks were emptied, after last week declaring force majeure due to a political standoff.
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Source: Platts
