#Country Updates #Libya #News #Upstream Oil & Gas News

NOC Condemns Renewed Blockade of Libyan Oil Exports

On Sunday, Libya’s National Oil Corporation (NOC) condemned the renewed blockade on Libyan oil exports, and called for the states responsible to be held to account by the United Nations Security Council.

NOC has been forced to declare force majeure on all oil exports from Libya to limit its contractual liabilities.

Libyan oil exports restarted on Friday 10 July with the loading of the oil tanker Kriti Bastion at Es Sider. However, Khalifa Hafter’s armed forces (KHAF) on 11 July ordered a halt to further exports, reversing their cooperative posture in negotiations. NOC has been informed that the instructions to shut down production were given to KHAF by the United Arab Emirates.

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Source: PetroleumAfrica

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