Libya lifts force majeure on Zueitina oil terminal

30 April 2014

Rebel forces are due to hand over control of the terminal to National Oil Corporation

Libya’s National Oil Corporation (NOC) has lifted its force majeure declaration on oil loaded from the 150,000 barrel a day (b/d) Zueitina oil terminal.

The declaration, which informs customers that it is unable to fulfil its commitments due to circumstances out of its control was lifted on 28 April “due to the improvement of the circumstances which may enable the starting of oil loading operations”, according to an NOC statement.

It follows an agreement in mid-April between the Libyan government and former Petroleum Facilities Guards who have been blockading four oil terminals since August. Of the four terminals, only the Hariga port has so far begun lifting crude.

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