Production from four Libyan oilfields has been shut in, causing NOC, the state oil company, to declare force majeure on crude exports from two ports. NOC has asked Libya’s Public Prosecutor’s Office to look at bringing the PFG to account. Akakus - a joint venture between NOC, Repsol, OMV, Equinor and TotalEnergies – operates El Sharara; Eni operates El Feel; while NOC operates Agoco; and Mellitah – the Eni/NOC joint venture - operates Wafa. Article continues below the advertLocal reports attributed the oilfield shut-ins to NOC’s decision to remove Ahmed Ammar as chairman of Akakus. Yesterday, the NOC issued a statement saying that Aoun does not have the legal power to suspend Sanalla, citing a decision from Libya’s Administrative Control Authority on 25 October.

Source: Libya Today December 20, 2021 17:03 UTC