UNSMIL warns of continuing efforts aiming to divide Libya's NOC

UNSMIL warns of continuing efforts aiming to divide Libya's NOC

October 05, 2019 - 20:11
Posted in:
Written By: AbdulkaderAssad

The UN Support Mission in Libya (UNSMIL) has warned of continued efforts to partition the Libyan National Oil Corporation (NOC), saying this action threatens Libya's oil revenue and the wellbeing of all Libyans.

"UNSMIL is alarmed by indications that parallel, unrecognized authorities in Libya are threatening the operation and management of Libya's National Oil Corporation (NOC) and its subsidiary Brega." It said in a statement on Friday.

It indicated that these efforts could constitute violations of UN Security Council Resolutions and could place responsible individuals under sanctions.

It reiterated that the Tripoli-based NOC, is the sole sovereign institution that under international and national law is charged with the stewardship of the country's oil, including the export and import of oil and fuel.

"UNSMIL will report suspected violations to the UN Panel of Experts, the UN Sanctions Committee and the UN Security Council." The statement warned.

East-based Interim Government has been trying for years to sell oil illegally via the parallel NOC; the latest of its attempts was its decision to appoint a new administration for Brega Oil and Gas Marketing Company in order to split the company to east and west parts, which was rejected and condemned by local and international parties.