Libyan National Oil Corporation declares ‘state of emergency’ after Haftar’s forces close eastern oil ports ...News

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Libya’s national oil company has declared a “state of emergency” after its oil exports from the ports in the eastern part of the country were blocked by the forces loyal to General Khalifa Haftar. The Petroleum Facilities Guard – a militia that controls major export terminals in eastern Libya – has ordered the local subsidiaries of the National Oil Corporation (NOC) operating them to cease all operations, the corporation said in a statement. The move makes any oil export from Libya impossible, the company then warned, adding that it would lead to losses in crude oil production amounting to 800,000 barrels per day as well as daily finan

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Last updated : 18 January 2020 clock 04:30 PM

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Libyan National Oil Corporation declares ‘state of emergency’ after Haftar’s forces close eastern oil ports ...News

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