Libya’s National Oil Corporation on Monday announced the closure of operations at major websites after the team of workers inside the key export terminal of Zueitina and Al-Sharara oil discipline were impeded to work.
“The National Oil Corporation is obligated to claim a nation of force majeure at the oil port of Zueitina, as well as at all fields and power stations associated with this port and at transport hubs until further notice,” said the head of the CNO, Mustafa Sanalla, in a press release.
proclaiming major pressure is a criminal act allowing the parties to free themselves from their contractual responsibilities when factors combined with preventive or phytosanitary breaches make it impossible to comply with them.
Libya is seeking to emerge from a decade of chaos and war that accompanied the overthrow of dictator Muammar Gaddafi in a NATO-sponsored rebellion in 2011.
“These interruptions were caused by the entry of a gathering of people into the port of Zueitina,” the firm said in a statement, adding that the institution was “preventing employees” from continuing with exports.
Zueitina is one of 4 oil terminals in the so-called “oil crescent” region, and its closure will prevent Libya from exporting nearly 1/4 of its 1.2 million barrels per day of production.
Sanalla said it was the “beginning of a painful wave of shutdowns” in the North African state at a time of “boom in oil and gas prices”.
A few hours later, the NOC declared a case of force majeure in any other essential oil discipline, Al-Sharara, which provides a quarter of Libya’s daily production.
“An institution of people put pressure on employees of Al-Sharara’s oil discipline, which forced them to gradually stop manufacturing,” he said.
“As a result, the NOC is compelled to claim the country from the major pressure on the Al-Sharara oil field until a similar word.”
The Al-Sharara area, inside the desolate area 900 kilometers (560 miles) south of Tripoli, is being mined through a joint mission between the NOC and 4 European companies.
The NOC is one of the rare establishments in the USA to have remained in one piece. Oil sales are key to the economic gimmick, with Libya sitting on Africa’s largest natural reserves.
Libya has found itself again these days with rival governments after the Japan-based parliament in February named a new prime minister in an immediate assignment to the UN-brokered government in the capital Tripoli, in the United States. west.
Today pits the interim government of Prime Minister Abdulhamid Dbeibah in Tripoli against that of former Interior Minister Fathi Bashagha, elected by parliament.
The companies blockading the oil terminal are seen as favoring the eastern camp and insisting on “truthful distribution” of revenues and the transfer of energy to the Bashagha.
Sanalla reiterated his calls for the inclusion of the “neutrality” of the oil zone, “avoiding political conflicts within the United States”.
Crude pumping was halted at Abuatufol, Al-Intisar, Anakhla and Nafura oilfields, all of which deliver their oil through Zueitina, the company added.
NOC said that after the “forced shutdown” of Al-Fil discipline on Saturday night, employees at many companies were “forced” to halt manufacturing at many sites.