Cairo: The Libyan National Oil Company has lifted force majeure on oil operations at its Zueitina terminal in the east of the country, effective from Monday.
The Libyan government brokered a deal April 6 with eastern rebel leaders to re-open export terminals. An eight-month blockade from rebels seeking more autonomy for the region known as Cyrenaica cut Libya's oil export potential dramatically.
Zueitina has the capacity to ship 70,000 barrels of oil per day and was one of the four export terminals set to re-open under the terms of the April 6 deal. [30/04/14]