Thursday, August 14, 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

Italy Welcomes Libya’s NOC’s Lifting of Force Majeure and Resumption of its Work

July 11, 2020
Share on FacebookShare on Twitter

On Friday, Italy welcomed the announcement by the National Oil Corporation (NOC) regarding the lifting of force majeure and the resumption of its work, stressing that this constitutes an “important first step” towards the full recovery of oil production throughout Libya.

In a statement, the Italian embassy in Libya said that the oil shutdown caused “great harm to Libyan funding and the conditions of the people,” considering the NOC’s announcement to represent “a basic condition for Libya to continue on the path of stability and calm set by the Berlin process, under the auspices of the United Nations”.

The embassy stressed its continued support for the Libyan efforts and the efforts of the UN Support Mission in Libya (UNSMIL) towards the goal of a fair and transparent distribution of the country’s resources, for the exclusive benefit and interest of the Libyan people.

Earlier the National Oil Corporation (NOC) announced to lift the force majeure on all oil exports from Libya, pointing out that the gradual increase in production will take a long time as a result of the severe damage to the reservoirs and infrastructure resulting from the oil blockade imposed since January 2020.

It is noteworthy that the French embassy in Libya has also welcomed the NOC’s announcement, expressing its rejection to the militarisation of oil facilities in Libya.

Tags: ItalylibyanocoilWelcomes
Next Post

Al-Haliq: The Oil Fields are Still Closed; No Pumping of Any New Oil"

POPULAR CATEGORIES

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

MUST READ

Libya Confirms 4,200 BPD Oil Discovery

Ankara Seeks to Unify Libya’s Strategic Space with Pakistan’s Help

US & Greece Discuss Libya’s Political Future

Direct Flights from Libya to Syria to Start Next Week

Egypt Backs Saddam Haftar’s New Role as LNA Deputy Commander

Libya Completes DNA Analysis & Nearly 3,300 Still Missing

EDITOR PICKS

Libyan Doctors Successfully Perform Rare “Ilizarov” Technique Surgery

Libya’s Economy Set for 14.3% Growth in 2025

Egypt Backs Saddam Haftar’s New Role as LNA Deputy Commander

Plastic Waste & Overfishing Threaten Libya’s Marine Life

Libya Completes DNA Analysis & Nearly 3,300 Still Missing

Libya to Host First National Conference for Global Expatriates

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

© 2024 LR

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

© 2024 LR