Libya’s new head of the state oil company for the eastern region is considering ending force majeure at the North African nation’s two largest ports and will seek to boost crude output. “Among my priorities will be lifting force majeure at Es Sider and Ras Lanuf,” Nagi Elmagrabi , chairman of the National Oil Corp. for the eastern region, said in a phone interview Tuesday. “I will also seek to increase oil production.” Libya produced about 1.6 million barrels a day before the 2011 rebellion that ended Muammar Qaddafi’s 42-year rule. It’s today the smallest producer in the Organization of Petroleum Exporting Countries, with output of about 400,000 barrels. It has failed to restore production as militias fight for the control of export terminals while tribes and workers block operations at fields and pipelines to seek jobs and better pay. Libya in December stopped crude exports from the two […]