National Oil Corporation declares force majeure on the Elephant oil field due to a production halt

Tripoli- The National Oil Corporation (NOC) has announced a state of force majeure on the Elephant oil fields and the suspension of Mellita crude until further notice.

The corporation said in a statement on its SMS page that the Elephant oil field on Saturday, April 16, 2022 at 18:30 was subjected to attempts of forced closure, after a group of individuals entered the fields and brought production to a halt, which led to the suspension of production in the field, and made it impossible for the NOC to meet its contractual obligations.

In its statement, the NOC said it regretted the move and demanded that the language of reason and wisdom prevail and that the oil sector be spared conflicts to preserve the remaining and already dilapidated infrastructure, caused by random closures, as well as scarcity of budgets over the past years.

Source: Libyan News Agency