Libya’s output recovery will be slow, says NOC, as it lifts force majeure

摘要

London—Libya’s National Oil Corporation lifted force majeure on crude exports from all its key terminals, paving the way for a gradual restart of its crude production, the state-owned company said on July 10.NOC, however, cautioned that the output recovery would be slow “due to the significant damage to reservoirs and infrastructure” caused by the port blockade in place since mid-January.