(ANSA) – TRIPOLI, APRIL 19 – The National Oil Company (Noc) today announced the cessation of activities at a new oil terminal, that of Brega, a block that further paralyzes the country’s oil industry undermined by political tensions.
The suspension of operations at the Brega (east) terminal, which has a daily export capacity of 60,000 barrels, comes the day after the closure of the Zuetina (east) terminal and several oil sites.
Unable to comply with contractual commitments, NOC declared “a state of force majeure in the oil port of Brega”, according to a statement from the company that manages the hydrocarbon sector in Libya.
The “state of force majeure” exempts the National Oil Company from liability in the event of non-compliance with oil delivery contracts. (HANDLE).
Source: Ansa
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