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UN concerned over halt of oil production in eastern Libya

26 days ago   |   By ABC News

The United Nations has voiced concern over the recent halt of oil production at a Libyan eastern port and more imminent shutdowns of oil facilities prompted by a budget dispute
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UN concerned over partial shutdown of Libya's oil production, says all parties must ensure equitable resource management

UN concerned over partial shutdown of Libya's oil production, says all parties must ensure equitable resource management

26 days ago   |   By RT

The shutdown of production at Libya's Hariga port and hints of expanding the suspension is a cause for concern as the oil industry remains essential for the country's recovery from a “very costly” conflict, a UN mission said.
Earlier this week, Libya's National Oil Corp declared force majeure on oil exports from the Mediterranean port of Hariga, warning that it could extend the shutdown to its other sites. Daily losses due to the closure of the port “may exceed 118 million dinars ,” it said.
The harsh move was a response to a budget dispute with the Central Bank of Libya, which the NOC...
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