The National Oil Corporation of Libya (NOC) has suspended the supply of Ras-Lanuf from the key eastern port against the backdrop of the aggravation of the political crisis in the country, Bloomberg writes with reference to sources familiar with the situation. The National Oil Corporation informed trade and shipping companies about force majeure restrictions on the terminal, one of the largest in Libya.
It is noted that this step was taken the day after NOC stated that she might have to stop the export from the Gulf of Sirt, which includes Ras-lanuf and other ports, such as ES Sider, Brega, and Zuetina. Despite the fact that it is still unclear whether the ES Sider will also fall under the action of force majeure circumstances, the production of Waha Oil Co., which uses the terminal, is almost completely stopped, the agency notes.
No, to which Waha Oil owns, did not immediately respond to a request about the comments. Currently, in the world there is an increase in oil prices due to difficulties with an offer of oil against the background of growing demand.