Libya's NOC Says Will Take Legal Action on Unapproved Oil Sales
- Oil sales without NOC in Tripoli permission in `breach of law'
- Rival eastern and western factions in Libya tussle over oil
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The National Oil Corp. based in Tripoli has the right to take legal action against any party that tries to export crude or products from Libya without its permission, according to a company statement.
“Any operations that are conducted outside the legal validity represented in the National Oil Corporation whose headquarters are located in Bashir Sadawai Street in Tripoli are considered an explicit breach of the law,” the NOC said in an e-mailed response to Bloomberg questions. The company said it reserves “all rights to hold any party responsible for the entire legal liabilities and consequences arising thereof.”