The Libyan government has lifted a force majeure on upstream exploration activity as it strives to increase oil and gas production in the country. French shipbroker BRS Group believes this is a sign of improving stability in the North African country. The Tripoli-based Government of National Unity (GNU) said in a statement that it would provide the “necessary support and ensure safety” for international oil companies if they were to return.

Source: Libya Today December 13, 2022 08:19 UTC