Libya’s NOC declares force majeure on oil exports after Haftar’s forces have blockaded ports
“The LNA General Command and the Petroleum Facilities Guard of the Central and Eastern Regions have instructed the managements of Sirte Oil Company, Harouge Oil Operations, Waha Oil Company, Zueitina Oil Company and Arab Gulf Oil Company (AGOCO), subsidiaries of the National Oil Corporation, to stop oil exports from Brega, Ras Lanuf, Hariga, Zueitina, and Sidra ports.” NOC said in a statement.
It added that the blockade instructions were given by Major General Nagi al-Moghrabi, the commander of PFG appointed by Haftar, and Colonel Ali al-Jilani from the LNA’s Greater Sirte Operations Room, which is under Haftar’s command.
“This will result in a loss of crude oil production of 800,000 b/d and daily financial losses of approximately $55 million per day.” The NOC said.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
- Haftar to fly to the US with family, pretending it’s a Libyan official visit - September 13, 2021
- Haftar hires ex-Clinton aide, ex-Republican leader to lobby Washington for Libya elections’ run - September 09, 2021
- Al-Saadi Gaddafi, late dictator’s son, released from Libyan prison - September 06, 2021