Libyan officials have stated that the control of the El Sharara oilfield has been handed over by LNA forces to Libyan oil security forces, the state controlled oil guards. Even though Libya’s national oil company NOC is based in Tripoli, which is in the hands of Western and UN-backed Libyan government or Government of National Accord (GNA), the majority of the country’s oil fields are under control of Libya’s General Haftar’s LNA forces. The latter have taken control last week of the field, after negotiating a deal with petroleum guards and local tribes, who had closed down operations at the 315,000 bpd field. Libya’s NOC already had put in place a force majeure, causing operations to stop until a new security arrangement comes into place. Until now, it is not clear if NOC has agreed to a new security arrangement with Haftar’s LNA, even now the latter has offered […]