NOC declares end of oil closures after lifting force majeure on El-Feel oil field

NOC declares end of oil closures after lifting force majeure on El-Feel oil field

October 26, 2020 - 19:00
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Written By: SafaAlharathy

The National Oil Corporation (NOC) lifted on Monday the force majeure on El-Feel oil field, declaring that by doing that it ends all the closures of oilfields and ports in Libya.

The NOC confirmed in a statement on Facebook that Mellitah company has been instructed to resume production in El Feel oil field permitting the gradual return of Mellitah crude to its normal level in the next few days.

For his part, the NOC's CEO, Mustafa Sanallah, said "The Libyans have understood that blockade had been negative on their lives and they strongly support production resumption on a firm footing".

Sanallah stressed the corporation is the only reliable source to announce the expected production quantities, in accordance with the arrangements applicable in the Joint Ministerial Monitoring Committee (JMMC) and OPEC +.

NOC expected production to reach 800 thousand barrels per day within two weeks and one million barrels per day during the next four weeks after declaring lifting force majeure on the ports of Ras Lanuf and Es Sider on Friday.