Libya Declares Force Majeure On Loadings From El-Feel Oilfield

Libya’s volatile production and exports may inadvertently help OPEC and its allies in supply restrictions these days, after the Libyan National Oil Corporation (NOC) has declared force majeure on crude oil loadings of an export grade fed by an oilfield which was shut down last Thursday. According to six industry sources familiar with the issue who spoke to Reuters, NOC has declared force majeure on the Mellitah crude blend loadings, following the closure of the 73,000-barrels-per-day El Feel oilfield.   The oilfield was shut down last…