Libya's National Oil Corporation Declares Force Majeure Amid Ongoing Clashes
Libya's National Oil Corporation (NOC) has officially declared force majeure following significant damage to the Zawiya refinery, located west of Tripoli. This declaration comes after armed clashes in the vicinity led to severe damage to several tanks at the facility. Eyewitness reports indicate that fire and smoke were visible from within the refinery, raising concerns about safety and operational continuity.
The NOC has stated that its Board of Directors is in continuous session to monitor the situation and make necessary decisions to mitigate risks to both personnel and property. They have called on relevant institutions to take immediate action to halt the clashes and protect oil facilities from further damage. The ongoing conflict in Libya has been a persistent issue, particularly in Zawiya, where armed groups have engaged in smuggling operations, exacerbating tensions and leading to frequent violent confrontations.
Impact on Oil Production and Revenue Distribution
The declaration of force majeure is not an isolated incident; it reflects a broader trend of instability affecting Libya's oil sector. Since the 2011 uprising, the country has struggled with armed conflicts that have severely impacted oil exports. The NOC's ability to increase production from 1.214 million barrels per day to its target of 2 million barrels per day has been significantly hindered by these conflicts. The situation is further complicated by disputes over the fair distribution of oil revenues between the government appointed by the House of Representatives and the internationally recognized Government of National Unity.
The Broader Context of Conflict in Libya
Libya's ongoing conflicts have led to a state of civil unrest, which is often cited as a reason for the NOC's force majeure declarations. Such events are classified as unforeseen circumstances that disrupt normal operations, including natural disasters and armed conflicts. The NOC's declaration highlights the urgent need for a resolution to the violence that continues to plague the region, threatening both lives and the critical oil infrastructure that is vital to Libya's economy.
