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Libyan NOC announces reopening of export terminals

Reuters  |  BENGHAZI, Libya 

BENGHAZI, Libya (Reuters) - Libya's Tripoli-based National Oil Corporation (NOC) said on Wednesday that four export terminals were being reopened after eastern factions handed over the ports.Force majeure, a legal waiver on contractual obligations, was lifted on the ports of Ras Lanuf, Es Sider, Zueitina and Hariga, it said in a statement."Production and export operations will return to normal levels within the next few hours," it said.The ports were closed last month amid a struggle for control by rival factions, slashing Libya's national production by as much as 850,000 barrels per day ...

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First Published: Wed, July 11 2018. 14:34 IST