Libyan oil production resumes amid peace talks between rival factions

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began peace talks&comma; part of preliminary negotiations ahead a UN-brokered dialogue set to take place next month&period;<&sol;p>&NewLine;<p>The National Oil Corporation said it lifted force majeure&comma; a legal manoeuvre that lets a company get out of its contracts because of extraordinary circumstances&comma; at the southwestern Sharara oil field&period;<&sol;p>&NewLine;<p>The corporation said the move came after it reached &OpenCurlyDoubleQuote;an honour agreement” with forces loyal to military commander Khalifa Hifter to end &OpenCurlyDoubleQuote;all obstructions” at the field&period;<&sol;p>&NewLine;<p>The corporation’s announcement comes three weeks after Mr Hifter&comma; who was behind a year-long military attempt to capture the capital&comma; Tripoli&comma; announced an end to a blockade of the nation’s vital oil fields&period;<&sol;p>&NewLine;<p>The September 18 breakthrough was the result of a so-called &OpenCurlyDoubleQuote;Libyan-Libyan dialogue” led by Ahmed Matiq&comma; the rival Tripoli government’s deputy prime minister&comma; seeking to create a new mechanism to distribute the country’s petrodollars more equitably&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Libya’s oil production had reached at least 1&period;2 million barrels a day before powerful eastern tribes loyal to Mr Hifter first seized control of the oil facilities in January&comma; including the Sharara field&comma; to protest what they said was the inequitable distribution of revenues&period;<&sol;p>&NewLine;<p>In total&comma; the oil blockade has deprived the corporation of nearly 10 billion US dollars in revenue and led to nationwide fuel shortages&period;<&sol;p>&NewLine;<p>Libya’s prized light crude has long featured in the North African country’s civil war&comma; with rival militias and foreign powers jostling for control of Africa’s largest oil reserves&period;<&sol;p>&NewLine;<p>Libya was plunged into chaos when a Nato-backed popular uprising in 2011 toppled longtime dictator Muammar Gaddafi&comma; who was later killed&period;<&sol;p>&NewLine;<p>The country has since split between rival administrations based in the capital Tripoli and the eastern city of Benghazi&comma; each backed by armed groups and rival foreign governments&period;<&sol;p>&NewLine;<p>Meanwhile&comma; representatives of the Benghazi-based House of Representatives and Tripoli-based High Council of State started on Sunday three-day-long UN-facilitated talks in the Egyptian capital&comma; Cairo&comma; the UN support mission in Libya said&period;<&sol;p>&NewLine;<p>The mission said the delegations are expected to discuss &OpenCurlyDoubleQuote;legal and constitutional options which may be put forward to the Libyan political dialogue forum”&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>Egypt’s intelligence chief&comma; Abbas Kamel&comma; kicked off Sunday’s talks&comma; saying the time had come for its neighbour Libya to establish peace and agree on &OpenCurlyDoubleQuote;a constitution that defines powers and responsibilities&comma; and leads to presidential and parliamentary elections”&comma; according to Egypt’s state-run Mena news agency&period;<&sol;p>&NewLine;<p>Egypt views the instability in Libya as a national security threat and has backed Mr Hifter in his rivalry against the Turkish-backed government in Tripoli&period;<&sol;p>&NewLine;<p>The first face-to-face meeting of the upcoming political forum is slated to take place in Tunisia in November&comma; following preparatory virtual meetings starting October 26&comma; the mission said&period;<&sol;p>&NewLine;<p>The forum aims to &OpenCurlyDoubleQuote;generate consensus on a unified governance framework and arrangements that will lead to the holding of national elections in the shortest possible timeframe&comma;” the UN mission said&period;<&sol;p>&NewLine;<p>Prior to the Tunisia talks&comma; the rivals are to start face-to-face military negotiations in Geneva on October 19&period;<&sol;p>&NewLine;<p>The rival sides held security talks in late September that resulted in preliminary agreements to exchange prisoners and open up air and land transit across the country’s divided territory&period;<&sol;p>&NewLine;<p>Mr Hifter’s forces launched an offensive in April 2019 to try and capture Tripoli&comma; but his campaign collapsed within two months when the Tripoli-allied militias&comma; with Turkish support&comma; gained the upper hand&comma; eventually driving his forces from the outskirts of the city and other western towns&period;<&sol;p>&NewLine;<p>Fighting has died down in recent months amid international pressure on both sides to avert an attack on the strategic city of Sirte&comma; 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