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Libya’s National Oil Company has declared force majeure on eleven oilfields
Libya’s state-run National Oil Corporation (NOC) declared force majeure on eleven of its oilfields Wednesday due to the deteriorating security situation in the country, reports Reuters. The country’s oilfields are being increasingly targeted as rival governments seek to gain control of the country’s main source of income.  

In a statement posted on its website, the NOC said it was no longer able to ensure security in the eleven fields in the central portion of the c...

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