Libya’s NOC Issues Force Majeure at Four Oil Ports

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Libya’s state-run National Oil Corp. declared a force majeure on crude and refined product exports from the country’s Es Sider, Ras Lanuf, Zueitina and El Brega ports, according to a document obtained by Bloomberg News.

“The above mentioned sea port terminals are closed due to Oil Security Guards who are on strike at these locations since the end of July 2013, which resulted total shutdown for these facilities and cease of all exports,” NOC said in the document, which is dated Aug. 18 and signed by Chairman Nuri Berruien.