After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving OPEC+ a headache in the coming months as the group continues to withhold supply from the market. The first vessel to load crude oil from Libya is the Kriti Bastion from Es Sider oil port, NOC said today, but noted that the oil production increase in the country “will take a long time due to the significant damage to reservoirs and infrastructure caused by the illegal blockade imposed on January 17.” NOC placed the oil terminals at Hariga, Brega, Zueitina, Es Sider, and Ras Lanuf under force majeure at the beginning of this year, after forces affiliated with the Libyan National Army (LNA) of eastern Libyan strongman General Khalifa Haftar occupied Libya’s oil export terminals and oilfields. The blockade […]