NOC declares Force Majeure at El-Feel crude oil field from 2nd of September

Libya’s state National Oil Corporation today declared a state of force majeure at its El-Feel crude oil field.

The NOC said ‘‘the current circumstances that Mellitah crude oil production which prevented NOC from carrying out the crude oil loading operations’’. It said it ‘‘considers these circumstances out of its control and cannot be prevented which calls on the NOC to declare Force Majeure at El-Feel crude oil field from 2nd of Sep. 2024’’.

It added that ‘’it must be borne in mind that the Force Majeure situation will not be applicable to loading other hydrocarbons operations’’ and the NOC ‘‘will notify of returning to normal situation as soon as the circumstances caused Force Majeure to disappear.’’

The CBL crisis
The politically forced oil field closure by the eastern based Hafter regime comes as a result of the Central Bank of Libya crisis.

On 29 August, the NOC revealed that Libya had lost US$ 120.3 million. These losses were for three days from 26 to 28 August. Production was down from around 1.2 million bpd to 591,000 bpd on 28 August.

Tripoli Libyan government responds to U.S. statement on CBL crisis – sees statement as positive (libyaherald.com)

U.S. calls for steps to maintain the credibility of the CBL (libyaherald.com)

Libya loses US$ 120 million, and counting, because of recent oil closures: NOC (libyaherald.com)

Newly installed CBL administration claims it has gained control of all its banking systems (libyaherald.com)

Presidency Council welcomes yesterday’s UN Security Council statement – will participate in national dialogue within broader framework (libyaherald.com)

UN Security Council calls for a consensus-based solution to the current Central Bank crisis (libyaherald.com)

New interim CBL Governor Abdel Fattah Abdel Ghaffar holds first press conference in CBL (libyaherald.com)

UNSMIL deeply concerned over the deteriorating situation in Libya resulting from unilateral decisions (libyaherald.com)

‘‘Takeover’’ by the Handover Committee of the CBL – new temporary Governor appointed (libyaherald.com)

Several banking operations suspended due to CBL crisis (libyaherald.com)

CBL Governor El-Kaber reports attempted storming to Attorney General – holds Interior Minister responsible for its security

HoR condemns attempted storming of CBL (libyaherald.com)

No intention to storm Central Bank by force and administrative crisis has nothing to do with security authorities: Acting Interior Minister Trabelsi (libyaherald.com)

Presidency Council to elect new board and Governor of CBL (libyaherald.com)

HoR confirms El-Kaber as Governor of the CBL (libyaherald.com)

The end of the road for current CBL Governor El-Kaber? (libyaherald.com)

UNSMIL rejects HoR election of Shukri as central bank governor, says Elkaber still in place | (libyaherald.com)

CBL Governor Saddek Elkaber sacked again | (libyaherald.com)