The National Oil Corporation announces today the state of force majeure on the Brega oil port.

Tripoli, April 19, 2022 (LANA)- The National Oil Corporation announced this afternoon, Tuesday, the state of force majeure on the Brega oil port

The corporation clarified on its website that at a time when oil prices are witnessing a significant recovery due to the increase in global demand for it, Libyan crude is subjected to a wave of illegal closures, which will have great harm on wells, reservoirs and surface equipment for the oil sector, in addition to the loss of the state treasury of sales opportunities achieved at prices It may not be repeated for decades to come.

The National Oil Corporation warned that stopping production at the Sirte Oil and Gas Production and Processing Company will have repercussions on the stability of the public electricity network, especially the eastern region, because most of the electrical stations feed on gas produced from the company's fields.