Libya state oil firm reopens key export terminal after spat

Libya state oil firm reopens key export terminal after spat with central bank |


Libya state oil firm reopens key export terminal after spat with central bank
The NOC had warned that funds previously received represented “less than two percent” of what was needed by the company and its subsidiaries for this year.
Wednesday 28/04/2021
The building housing Libya’s oil state energy firm, the National Oil Corporation (NOC) in Tripoli, Libya. (REUTERS)
TRIPOLI - Libya’s state oil firm is reopening a key export terminal, a week after suspending operations over the central bank’s “refusal” to release funds for the vital sector.
The National Oil Corporation (NOC)  “announces the immediate lifting of the state of force majeure at the Hariga terminal and will instruct operators to restart production and exports”, it said in a statement on Monday.

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