{"id":188995,"date":"2022-04-18T00:28:33","date_gmt":"2022-04-17T18:58:33","guid":{"rendered":"https:\/\/arunachaltimes.in\/?p=188995"},"modified":"2022-04-18T00:28:33","modified_gmt":"2022-04-17T18:58:33","slug":"libya-oil-company-says-field-closed-amid-political-impasse","status":"publish","type":"post","link":"https:\/\/arunachaltimes.in\/index.php\/2022\/04\/18\/libya-oil-company-says-field-closed-amid-political-impasse\/","title":{"rendered":"Libya oil company says field closed amid political impasse"},"content":{"rendered":"<p style=\"text-align: justify;\">CAIRO, 17 Apr (AP): Libya\u2019s national oil company said Sunday it was forced to shut down an oil field amid a political impasse that threatened to drag the North African nation back into armed conflict.<br \/>\nThe state-run National Oil Corp. said a group of people entered al-Feel field in the country\u2019s south on Saturday, effectively stopping production. It didn&#8217;t say who the people were or whether they were armed.<br \/>\nBut tribal leaders in the southern region announced Saturday the closure of the field in a video statement and demanded the sacking of Mustafa Sanallah, chairman of the National Oil Corp. They also demanded what they described as the fair distribution of oil revenues to Libya\u2019s three main regions.<br \/>\nThey also called for embattled Prime Minister Abdul Hamid Dbeibah to hand over power to the parliament-appointed government of rival Prime Minister Fathi Bashagha. There was no immediate comment from Dbeibah\u2019s government.<br \/>\nThe corporation announced a force majeure at the field, a legal maneuver that enables a company to get out of its contract obligations because of extraordinary circumstances.<br \/>\nIt called for rival parties to keep conflicts out of the oil sector to save its already dilapidated infrastructure.<br \/>\nIt was not immediately clear how many barrels of production Libya will lose because of the shutdown. The country\u2019s production was previously at around 1.2 billion barrels a day.<br \/>\nMarei Bredan, head of the oil workers\u2019 union in the Zueitina terminal on the Gulf of Sirte, meanwhile, said protesters blocked the terminal Sunday and prevented workers from shipping a tanker carrying 1 million barrels&#8217; worth of crude, according to local news outlet Fawasel Media.<br \/>\nBashagha was named prime minister in February by the House of Representatives, which has been based in Tobruk. Dbeibah, who is based in the capital of Tripoli, has refused to step down and insists he will hand over power only to an elected government.<br \/>\nOver the past two months, divisions among Libyan factions have deepened, with militias mobilizing \u2014 especially in the western region. AP<\/p>\n<p style=\"text-align: justify;\">That has raised fears that fighting could return after more than 1 1\/2 years of relative calm.<br \/>\nSunday&#8217;s closure comes as the Russian invasion of Ukraine has rattled markets worldwide, causing crude oil prices to soar above $106 per barrel.<br \/>\nLast month, an armed group shut down al-Feel and another critical oil field, Sharara, Libya\u2019s largest, before reopening a few days later following negotiations led by tribal leaders.<br \/>\nLibya\u2019s prized light crude has long featured in the North African country\u2019s civil war, with rival militias and foreign powers jostling for control of Africa\u2019s largest oil reserves.<br \/>\nThe oil-rich North African country has been wrecked by conflict since the NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. The country has for years been split between rival administrations in the east and west, each supported by different militias and foreign governments. AP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAIRO, 17 Apr (AP): Libya\u2019s national oil company said Sunday it was forced to shut down an oil field amid a political impasse that threatened to drag the North African nation back into armed conflict. The state-run National Oil Corp. said a group of people entered al-Feel field in the country\u2019s south on Saturday, effectively [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-188995","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-world"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/188995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=188995"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/188995\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=188995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=188995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=188995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}