BusinessAI imageLibya Threatens Force Majeure as Oil Guards Shut Fields
Libya's National Oil Corporation (NOC) has threatened to declare force majeure after the Petroleum Facilities Guard closed a valve on the main Hamada-Zawiya crude pipeline, halting production at the Hamada and Tahara oilfields and a pumping station. The shutdown has stopped all production at these sites, and the Petroleum Facilities Guard has warned of possible partial production cuts spreading further.
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