UN welcomes decision to lift state of force majeure on major Libyan oil ports

0 Comment(s)Print E-mail Xinhua, October 24, 2020
Adjust font size:

TRIPOLI, Oct. 24 (Xinhua) -- The UN Support Mission in Libya (UNSMIL) on Saturday welcomed the decision of Libya's National Oil Corporation (NOC) to lift the state of force majeure on two of the country's largest oil ports.

"UNSMIL welcomes the National Oil Corporation's announcement of ... lifting force majeure on Sidra and Ras Lanouf ports. This decision is a result of the confidence building measures agreed and implemented through the Joint Military Commission," UNSMIL said in a statement.

"UNSMIL considers this a win-win for the Libyan people. It demonstrates what can be accomplished when Libyans come together in good faith for the sake of their country," the statement added.

A day earlier, the Tripoli-based NOC, governed by the UN-backed government, announced that the state of force majeure on Sidra and Ras Lanouf oil ports was lifted, expecting the production level to reach 800,000 barrels per day (bpd) in two weeks, and 1 million bpd in four weeks.

On Oct. 11, the NOC announced the lifting of the state of force majeure on Sharara oilfield, the country's largest oilfield.

Demanding fair distribution of the oil revenues, the east-based army since January had been blocking oil production and exports, Libya's main source of income.

The oil blockade brought down the crude oil production from more than 1.2 million bpd to just around 100,000 bpd. Enditem

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter