Highlights Gulf of Sirte includes Es Sider, Brega, Ras Lanuf and Zueitina ports Force majeure could be declared in in 72 hours, says NOC chairman Production has fallen by almost a half since May when oil blockades began Libya’s state-owned National Oil Corporation is on the verge of declaring force majeure on oil exports from its key eastern oil terminals as the country’s political crisis is now affecting a large chunk of the country’s oil supply. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We are considering declaring a state of force majeure within the next 72 hours unless production and shipping are resumed at the oil ports in the Gulf of Sirte,” NOC chairman Mustafa Sanalla said in a statement on June 27. “We are facing a recurring reality. There are closures in the Gulf of Sirte region, and there are those […]