The shutdown of production at Libya’s Hariga port and hints of expanding the suspension is a cause for concern as the oil industry remains essential for the country’s recovery from a “very costly” conflict, a UN mission said.
Earlier this week, Libya’s National Oil Corp (NOC) declared force majeure on oil exports from the Mediterranean port of Hariga, warning that it could extend the shutdown to its other sites. Daily losses due to the closure of the port “may exceed 118 million dinars ($26 million),” it said.
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