Libya’s crude output could rebound in the coming days after the state-owned National Oil Corporation lifted force majeure on exports out of the eastern Marsa el-Hariga terminal on April 26. Lifting force majeure comes almost a week after an oil sector budget row, which had pushed production down under 1 million b/d. In a statement, NOC confirmed on April 26 that crude loadings out of the 250,000 b/d Marsa el-Hariga terminal were set to resume. This follows the oil and gas ministry settling a funding dispute and agreeing to pay Dinars 1.048 billion ($232.4 million) to NOC. The ministry said on April 21 […]