Libya lifts force majeure on oil exploration

The Government of National Unity (GNU), announced that it had lifted the force majeure for oil and gas explorations on Monday.

The GNU invited international oil companies that have contracts with the state-oil company (NOC) to resume their work in the country.

The government of Abdul Hamid Dbeibah had signed a preliminary deal on energy exploration with Türkiye in October, which Libya’s eastern-based parliament, which backs an alternative administration, rejects.

The agreements will allow for oil and gas exploration in Libyan waters and come three years after the two countries signed a maritime border deal.