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NOC imposes force majeure at Hariga and Zuetina ports

The National Oil Corporation (NOC) declared on Monday force majeure on crude oil loadings at Hariga and Zuetina oil terminals.

The NOC pointed to its warnings to Operation Dignity Forces of the “grave consequences” for the continuation of closures, if it did not back down from its decision to prevent ships from entering the port in accordance with its contracts.

The Corporation called on Haftar Forces to stop the closures and allow them to perform their duties as the only internationally recognized legal authority responsible for the management of the oil sector in Libya.

 

The National Oil Corporation estimated the total losses of the closure revenues at $ 67.4 million, and the Treasury’s losses since the attack on Es Sidra and Ras Lanuf ports on June 14 were estimated at more than $ 650 million.

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