Tripoli-based NOC refutes resuming oil exportation from Marsa Al-Hariga port

Tripoli-based NOC refutes resuming oil exportation from Marsa Al-Hariga port

May 12, 2016 - 20:35
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Written By: AbdulkaderAssad

The Tripoli-based National Oil Corporation has refuted what was said in the statement of the Deputy Prime Minister of Al-Thanni government that is related to the Tobruk-based House of Representatives, Abdelsalam Al-Badri, about the resumption of exporting crude oil from Marsa al Hariga port.

The spokesman of the NOC, Mohammed Al-Harari, confirmed that one of the oil officials in Al-Thanni government – Al-Mabrouk Sultan, had ordered Al-Khaleej Al-Arabi Oil Company not to load oil on a tanker related to the Tripoli-based NOC.

In a statement Thursday, the NOC said that the obstruction of oil exportation from Marsa al Hariga port will lead to the end of revenue that comes into the vault of the Central Bank of Libya, adding that Marsa al Hariga port’s exports constitute almost three quarters of Libya’s current total oil output.

“Stopping the exportation of oil will heavily impact the value of the Libyan dinar against foreign currencies and will add to the acute shortages of foods and medicines as well as the power outages, which will last for more hours than usual due to obscuring the exportation of oil.” The statement indicates.

It is worth mentioning that a Tripoli-based NOC’s oil tanker has been prevented from loading oil from Marsa al Hariga port and is still in there until today waiting for its load.

In addition, two other shipments scheduled to be exported in May for the Tripoli-based NOC have also been cancelled, according to the NOc’s statement.