LNAMoney and BusinessNationalnews

NOC to assess security at al-Sharara before resuming production

The Address | Benghazi – Libya

TRIPOLI – Libyan state oil firm NOC will reopen the El Sharara oilfield, the country’s biggest, only after an inspection to establish security, a spokesman told Reuters on Tuesday.

The comments came shortly after the Libyan National Army (LNA) handed over control of the field to an oil security force (Oil Facilities Guard) to encourage NOC to restart production that has been halted since December.

Control over the oilfield has been claimed by different forces since tribesmen and state guards seized it in December, making financial and other demands. NOC declared force majeure, a waiver on its contracts.

“NOC has sent an inspection team to assess security at Sharara and to verify that all armed militia have left the field prior to force majeure being lifted,” the spokesman told Reuters by text message.

Head of Oil Facilities Guard, Major General Naji al-Mughribi, announced on Tuesday the receipt of al-Sharara oil field by the Oil Facilities Guard after being secured by LNA.

Tags

Related Articles

Close