Libya lifts state of force majeure on all oilfields, ports

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TRIPOLI, Oct. 26 (Xinhua) -- The state-owned National Oil Corporation (NOC) of Libya's UN-backed government on Monday announced lifting the state of force majeure on all oilfields and ports in the country.

"The NOC declares the ending of the blockades in the entire Libyan fields and ports as of today (Oct. 26) and instructions have been given to the operator, Mellitah Oil and Gas B.V., to resume production in El Feel oilfield and the gradual return of Mellitah crude to its normal level in the next few days," the NOC said in a statement.

Demanding fair distribution of the oil revenues, the eastern-based army since January had been blocking oil production and exports, Libya's main source of income.

The oil blockade brought down the crude oil production from more than 1.2 million barrels per day (bpd) to just around 100,000 bpd.

Following the NOC's lifting of the state of force majeure on two of the country's largest oil ports, the UN Support Mission in Libya on Saturday considered it a "win-win for the Libyan people." Enditem

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