Oil Libya splits in half

Moscow, February 3 – “News.Economy” Libyan oil has become a new weapon in the Libyan conflict. Now it is used as another means of pressure. Located in Tripoli, national oil Corporation (NOC) announced on 18 January on force majeure due to the closure of oil ports in Eastern Libya, which is controlled by the Libyan national army (LNA).

NOC accused LNA, headed by Marshal Khalifa Haftara the company and the Petroleum Facilities Guards in that they gave orders to stop the export of oil from the oil ports in Libya Hariga, Brega, RAS lanuf, Zueitina and es Sider in Eastern part of the country.

Force majeure release NOC from liability in case of default of obligations under the oil supply contracts.

In response to the call of the Embassy of the United States to resume January 21, NOC said that oil operations will resume only after the opening of the closed ports in Eastern Libya.

January 18, the official representative of the LNA, major General Ahmed al-Mismari said: “Oil ports and fields have closed the Libyan people. He stopped the oil exports. We just have to protect our people…”.

In an interview with Agence France-Presse, the leader of the tribe of Suya major senussi Khaliq al-Statements announced on 17 January about the closure of oil ports, adding that “it is intended to block the sources of funding terrorism through oil revenues”, having in mind that the Government of national unity (GNA) spends oil revenues on militants arriving from abroad.

LNA is responsible for ensuring the security of oil facilities. However, all revenues from oil production received in the NOC based in Tripoli and recognized by the United Nations.

the Oil industry of Libya suffers from institutional gaps. Despite the fact that NOC, located in Benghazi, connected with the provisional government of Libya, NOC in Tripoli recognized at the internationalcross-border level, as an international institution that has the right to sign international oil contracts.

Although the countries participating in the peace conference in Libya in Berlin on 19 January, demanded that all of the Libyan conflicting parties not to take military actions against the oil facilities and infrastructure, on the eve of the Berlin conference of Libya’s oil ports have been closed.

Despite the fact that LNA calls for a new distribution of oil revenues, the head of GNA Fayez al-Sarraj abruptly rejected the demand of the Haftarot that the opening of closed oil ports in Eastern Libya should be connected with the redistribution of oil revenues.

Libyan leaders and representatives of tribes, who are for the LNA, at the meeting on 24 January confirmed that the oil ports will be opened only when the GNA will be dissolved, the oil revenues are fairly distributed and will be able to create a provisional government.

NOC the Company is located in Tripoli, noted in his statement on 25 January that the closure of oil ports and the suspension of oil operations led to lower oil production to 320 thousand barrels per day compared to 1.2 million barrels per day. This was a decrease of 75%.

Youssef al-aquri, the head of Committee of Parliament on the results of NOC, said the closure of some ports in Eastern Libya is part of the popular movement of those calling for fair and transparent distribution of oil revenues. This should add the requirement that the GNA should be responsible for their costs, especially because it accused of recruiting militants to fight alongside his forces in cooperation with Turkey, he added.

acuri noted that oil has become a popular weapon against the GNA. He explained that the zone, which is LNA, are in serious conditions, not receiving financial assistance.

He added that “the efforts of the Committee to end the gap in the oil company failed because GNA is insisting thats to seize the oil resources. However, we hope that the recent economic dialogue, held with the support of the UN, will lead to the search of mechanisms that guarantee an equitable distribution of income between different parts of the country. This is because we believe that NOC, located in Tripoli, monopolized by militias and not working properly”.

January 7, the United Nations held in Tunisia, the meeting, which was attended by the Libyan parties to discuss economic policy, the oil crisis and ways of combining economic and oil shattered institutions.

member of the Libyan Parliament, Ali al-Saidi said that the closure of oil ports reflected mass anger over the actions of the GNA and made with Turkey the agreement on the involvement of hired fighters and pay them income from the oil wealth of Libya.

He said that the Libyan people, particularly those in Eastern and southern Libya, is subject to restrictions when it comes to oil revenues. GNA conducts a punitive policies against these areas because they support the LNA, he added. Text: News.Economy