Fire at Libyan Refinery Prompts Force Majeure

Several fires at Libya’s Zawiya refinery this weekend prompted a temporary force majeure declared by the National Oil Corporation on Sunday. By Monday morning the fires were brought under control, according to a Reuters report citing a NOC official, but the force majeure had yet to be lifted. The fires were caused by gunfire, which ignited several oil tanks at the refinery, which is Libya’s largest, with a processing capacity of 120,000 barrels daily. The damage was caused by “armed clashes using light and medium weapons in the…