TRIPOLI — The state-owned National Oil Corporation (NOC) of Libya’s UN-backed government on Saturday lifted the state of force majeure on the country’s “safe” oil facilities.
“The National Oil Corporation announces lifting the state of force majeure on the safe oilfields and ports,” the NOC said in a statement.
“The state of force majeure shall remain on the oilfields and ports where presence of members of Wagner gangs and other armed groups, which are obstructing the activities and operations of the National Oil Corporation, is confirmed,” the statement said.
Khalifa Haftar, commander of the eastern-based army of Libya, on Friday agreed to resume oil production and exports with conditions after months of closure.
“It has been decided to resume production and export of oil with all necessary conditions and procedural measures that guarantee fair distribution of the financial revenues, not to use them to support terrorism, or not being subjected to embezzlement,” Haftar said in a televised speech.
Demanding fair distribution of the oil revenues, the eastern-based army since January has been blocking oil production and exports, Libya’s main source of income.
The oil blockade brought down the daily crude oil production from more than 1.2 million to just around 100,000 barrels.
According to the NOC, the country has lost nearly 10 billion U.S. dollars as a result of the blockade.–Xinhua