Tuesday, June 3, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya’s NOC Declares Force Majeure as Four Oil Fields Shut

December 21, 2021
Share on FacebookShare on Twitter

On Monday, Libya’s National Oil Corporation (NOC) declared force majeure on crude exports from Zawia and Mellitah oil ports.

In a statement, the NOC said this comes after production from El-Sharara, (Libya’s largest field with a capacity of 300,000 barrels per day,) as well as the El-Feel, Wafa, and Hamada fields were shut down by the Petroleum Facilities Guard (PFG), a paramilitary force meant to protect the country’s energy facilities.

The NOC’s Chairman, Mustafa Sanalla said the PFG’s decision “wastes the country’s wealth” and creates “poverty for the Libyan people,” particularly at a time when oil prices have risen and oil is a mainstay of the economy.

As a result, he said the NOC has had to declare a force majeure on oil exports from the Zawia and Mellitah terminals in the country’s north west. He noted that gas feedstock for domestic power stations has dried up, leading to electricity outages.

The NOC has asked Libya’s Public Prosecutor’s Office to bring the PFG to account.

Minister of Oil, Mohamed Aoun and Sanalla have been at loggerheads over the last year or so, with the minister unsuccessfully suspending the Chairman on multiple occasions.

On Sunday, Libya’s National Oil Corporation (NOC) announced that the Administrative Control Authority had invalidated Aoun’s decision to suspend Sanalla from work on 14 October.

In a statement, the NOC added that the State Control Authority, which is the highest supervisory authority in the country, had ruled this decision a violation of law, in accordance with its letter No. (21-7596) dated 25 October 2021.

Notably, Libya is less than a week from Presidential elections seen as crucial to ending its long-running crisis, but deep political divisions could provoke a delay or threaten to renew violence.

Libya’s oil production is currently about 1.3 million bpd, and it may be increased to 1.8 million bpd in the coming year.

Tags: libyanational oil corporationnocOil Fields
Next Post

EU: Libya’s Election Date Must Be Respected

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Greece Eyes Libya Cooperation to Block Boats from Eastern Coast

Libyan Parliament Approves Budget for Reconstruction Fund

Saddam Haftar Attends French-Led Mediterranean Military Summit

Tripoli Government Assigns “Ali Al-Abed” as Acting Oil Minister

Dbaiba Unveils 3-Track Initiative to Resolve Libya’s Political Stalemate

French Report: €1.8 Billion in Gold Smuggled Through Libya

EDITOR PICKS

Over 3,000 Migrants Deported from Libya in May

GCC Ministers Reaffirm Support for Political Dialogue & Sovereignty in Libya

Libya & China Resume Talks on Misrata Cement Plant

Haftar: Libyan National Army Ready to Facilitate Elections

Saddam Haftar Attends French-Led Mediterranean Military Summit

Dbaiba Unveils 3-Track Initiative to Resolve Libya’s Political Stalemate

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR