Libya’s state oil company announced the full restart of oil production, nearly two months after halting operations at two major fields due to a political crisis.
The National Oil Corporation said in a statement that it would resume production at the Sharara and El-Feel oil fields, and export shipments from Es Sider, the country’s largest port. In August, the company declared “force majeure,” a legal maneuver that lets a company get out of its contracts because of extraordinary circumstances.
As part of the review of the force majeure situation, NOC confirmed in its statement that it “can resume the operations of crude oil production and exporting operations to its customers.”
The National Oil Corporation previously blamed the shutdown on the Fezzan Movement, a local protest group. It came as the country’s rival authorities were locked in a dispute over the governance of its Central Bank, which distributes the country’s oil revenues.
In August, the U.N. warned that the country was poised to face even greater instability due to the dispute. But that was resolved in recent days, when the country’s parliament appointed a new governor to the bank.
Libya produces more than 1.2 million barrels of oil per day, and Sharara is the country’s largest field, producing up to 300,000 barrels per day.
Since the NATO-backed uprising that overthrew and killed longtime dictator Moammar Gadhafi in 2011, Libya has been mired in political turmoil. The country has remained divided between rival administrations in the east and west, both supported by militias and foreign governments.
