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SAFETY4SEA

Hariga port in Libya now in state of force majeure

by The Editorial Team
April 20, 2021
in Ports
port of Ras Lanuf
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Libya’s state-owned National Oil Corporation (NOC) declared, on April 19, the state of force majeure in the port of Hariga.

Accordig to NOC, force majeure was declared due to the Central Bank of Libya’s refusal to liquidate the oil budget for months.

As Xinhua informs, in 2020 the former UN-backed government of Libya decided to allocate 1,048 million dinars (230 million U.S. dollars) to the NOC.

RelatedNews

UN extends mandate on vessel inspections off Libya’s coast

Tripoli port operations suspended due to escalating violence

Now, suspension of oil exports at Hariga port could lead to daily loses of over 26 million dollars. Additionally, the lack of budget causes debts to some the NOC’s companies, causing a fall in the daily oil production of around 280,000 barrels per day.

Finally, the NOC asked the Office of the Attorney General to “hold accountable all those obstructing NOC’s operations, directly or indirectly, and to take the necessary legal actions against those who attempt to jeopardize the capabilities of the country and damage Libya’s only source of income.” 

Hariga port in Libya now in state of force majeureHariga port in Libya now in state of force majeure
Hariga port in Libya now in state of force majeureHariga port in Libya now in state of force majeure
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