It said it had also been notified by Algeria’s Sonatrach that “exploration and fulfilment of contractual obligations in blocks 065 and 96/95 in the Ghadames Basin” had resumed. Sign up Also receive offers from The Africa Report Also receive offers from The Africa Report's partnersForce majeure is a measure invoked in exceptional circumstances, allowing exemption from liability in the event of non-compliance with contractual obligations. The Ghadames Basin is in southwest Libya in an area rich in oil and gas on the border with Algeria and Tunisia. Over the past decade, Libya has been regularly plagued by clashes between rival factions from the east and the west, badly affecting oil and gas operations. Sign up Also receive offers from The Africa Report Also receive offers from The Africa Report's partnersProduction has recovered in recent months to reach 1.2 million barrels per day, most of which is for export.

Source: The North Africa Journal August 04, 2023 09:21 UTC