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Libya Lifts Force Majeure on Exports From Biggest Oil Field

Libya Lifts Force Majeure on Exports From Biggest Oil Field

(Bloomberg) -- Libya is set to resume exports from its largest oil field in another step toward reviving its battered energy industry.

The country’s state oil firm, the Tripoli-based National Oil Corp., has lifted force majeure on exports of the Sharara grade of crude from the port of Zawiya, it said in a statement Monday. It has done the same for exports of El-Feel crude from a different port.

Sharara, Libya’s largest oil deposit, and El-Feel lie in the south-west of the country. Both fields started pumping again this week, having been shut down since January as the country’s civil war worsened.

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