BP to resume Libya operations, After War That Ousted Qaddafi image

British oil giant BP announced on Tuesday that it would resume operations in Libya after suspending operations there earlier due to the violent uprising that ousted Moammar Gadhafi.

BP is one of the last oil companies to return after being forced to interrupt giant oil-exploration plans by the civil war in the north African country last year.

We feel we can go back to the country,” a company spokesman said, adding that BP could start drilling onshore within months.

The head of Libya’s National Oil Corporation, Nuri Berruien, and Michael Daly, BP’s executive president for exploration, agreed in Tripoli on Tuesday to lift force majeure, the legal mechanism under which BP suspended its operations last year.

BP has two exploration blocks, one on-shore and one off-shore in the Bay of Benghazi.
BP’s presence in Libya has been the source of controversy in the past, with US politicians and campaign groups questioning a £560m exploration deal brokered by Tony Blair and Gaddafi.

Libya was Africa’s third-largest oil producer before the conflict. Oil companies including Eni and Total have already resumed some of their output in Libya.