Sunday, November 9, 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

West Urges Libya to Preserve Independence of NOC

February 28, 2022
Share on FacebookShare on Twitter

The embassies of France, Germany, Italy, the United Kingdom, and the United States urged all actors in Libya to respect the unity, integrity, and independence of the National Oil Corporation (NOC). As well as preserve its apolitical, and technical nature.

In a joint statement, the five embassies added that the NOC’s continued, uninterrupted operations benefit all of Libya.

“We appreciate the NOC’s commitment to improving financial transparency. We caution against acts that undermine the NOC, in line with multiple UN Security Council Resolutions, 2571 (2021), 2441 (2018), 2259 (2015), and 2146 (2014),” the statement noted.

“We underscore the need to avoid such actions that may pose a threat to the peace, security, and stability of Libya,” they added.

On Wednesday, the Corporation announced that bad weather conditions are disrupting the country’s oil exports.

It added that Libya oil production of crude might decrease, if these conditions last. “We don’t have enough tanks to accommodate two days of production at the Zawiya oil port, and we are afraid that production will decline if bad weather continues for more than three days,” the NOC said.

Notably, the NOC has demanded the Libya government provide funding for the maintenance of critical oil sector infrastructure, storage tanks, and for equipment destroyed during the various conflicts. The lack of available funding has led to the oscillation of production, and fields halting production due to leaks and other issues. This has greatly affected the country’s hard currency earnings.

The National Meteorological Center warned of strong winds along the coast, extending from Al-Khums to the east of the country. These are expected to have a speed of between 25 and 30 knots, and waves exceeding 4 to 5 meters.

  • Libya’s NOC Reopens All Oil Fields
  • Italy-France Discuss Resuming Libyan Oil Production
  • World Bank: Elections Essential for Libya’s Recovery
  • Libyan Oil Companies to Resume Production
  • Libya’s NOC Discusses Digitization
Tags: francegermanyItalylibyaLibyan OilUKus
Next Post

Libya “Cannot” Supply Europe With Gas

POPULAR CATEGORIES

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

MUST READ

South Africa Offers Safe Haven to Hannibal Gaddafi

Libya Sees Sharp Rise in Asylum Seekers from Sudan & Eritrea

Rights Groups Demand Independent Inquiry Into Journalist Abuses in Libya

Haftar Calls for Radical Political Change in Libya

Hannibal Gaddafi Released After Decade in Lebanese Custody

Libya’s Sirt Port Launches Global Cargo Line

EDITOR PICKS

Libya Claims 11 Silver Medals at Arab Karate Championship

Haftar Calls for Radical Political Change in Libya

Libyan Experts Call for Stronger Ties with African Nations

Benghazi Hosts International Conference on Digital Violence Against Women

Libya’s Sirt Port Launches Global Cargo Line

South Africa Offers Safe Haven to Hannibal Gaddafi

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

© 2024 LR

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

© 2024 LR