Libya NOC Threatens Force Majeure as Guards Shut Hamada, Tahara Fields

Libya's National Oil Corporation (NOC) has threatened force majeure following the confirmed shutdown of the Hamada and Tahara oil fields and a pumping station by Petroleum Facilities Guard (PFG) members. This action, initiated by the closure of a valve on the Hamada-Zawiya pipeline, has halted production at three sites and prompted NOC warnings of potential power shortages. The PFG's signal of further partial production cuts indicates a high likelihood of continued supply volatility.