City
Epaper

Libya's oil company declares force majeure at key refinery following clashes

By IANS | Updated: December 15, 2024 21:10 IST

Tripoli, Dec 15 Libya's state-owned National Oil Corporation (NOC) on Sunday declared a state of force majeure at ...

Open in App

Tripoli, Dec 15 Libya's state-owned National Oil Corporation (NOC) on Sunday declared a state of force majeure at an oil refinery in the western city of Zawiya, some 45 km west of the capital Tripoli, due to damages caused by armed clashes.

"The NOC regretfully declares a force majeure and level three (the highest) emergency. This is because several Zawiya refinery storage tanks sustained significant damage from gunfire on early Sunday morning that led to serious fires. This damage is a direct consequence of armed clashes using light and medium weapons in the refinery's vicinity," the NOC said in a statement, Xinhua news agency reported.

The refinery's security and safety personnel managed to control the fires and gas leaks despite the continuing clashes around the refinery, according to the statement.

The Zawiya refinery, Libya's second-largest one built in 1974, produces an estimated 120,000 barrels of oil products daily.

The state of force majeure, invoked in exceptional circumstances, allows the NOC exemption from liability for a breach of oil delivery contracts.

The NOC called on the relevant authorities to urgently stop the clashes and keep oil facilities out of the conflict zone, saying that damage to the refinery's storage tanks, which contain highly flammable materials, poses a grave danger to civilian lives.

Libya's oil industry, the backbone of its economy, has frequently been caught in the crossfire of political disputes and armed conflict since the fall of late leader Muammar Gaddafi in 2011.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPhilippines slams China for 'desperate and cheap stunts' around Sandy Cay

InternationalProtests continue in Sindh against Pakistan government's canal project on River Indus

EntertainmentKannada actor Duniya Vijay roped in for Puri Jagannadh’s film with Vijay Sethupathi

InternationalIndia, France ink inter-governmental agreement for 26 Rafale Marine aircraft for Navy

CricketBCCI plans 94-match IPL season by 2028

International Realted Stories

InternationalNawaz asks PM Shehbaz Sharif to not take aggressive stance against India

International7 injured in knife attack in South Korea

InternationalUS intervention holds great value, reckon Pakistani experts as tensions rise at LoC

InternationalPakistan: BNP President says people of Balochistan have no choice but to take up arms

InternationalChinese fuel imports caused Iran port explosion: Reports