NOC announces force majeure at Zawia port

By Sami Zaptia.

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London, 18 July 2018:

Libya’s National Oil Corporation (NOC) has declared a state of force majeure on crude oil loadings at its Zawia port commencing Monday 16 July 2018.

The state oil corporation said that this is due to reduced production at the Sharara oilfield following the attack there on 14 July by unknown armed militias and the kidnap of four company employees (two were subsequently released) from the joint venture operating company, Akakus.

The NOC confirmed that it has shut down and evacuated stations 186, 115B and IR. Field production is limited to 125,000 bpd – enough to meet the requirements of the Zawia Refinery, but leaving no excess crude for export, the NOC explained.

The NOC chairman Mustafa Sanalla added that “Employee safety is always our first priority. This incident required us to shut-down and evacuate a number of stations. We have to prioritize local demand for fuel. For the time being all Sharara production will go to the refinery.”

 

 

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