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Friday, June 5, 2015
Mast Security offered an update on its take of the security and economic situation and the rise of ISIS. The official Libyan government is heading toward bankruptcy according to the UN, and this can further exacerbate the security situation if government employees such as police and military start to strike.
In addition, the majority of oil and gas installations are government owned and run so ports may close due to strikes. NOC, Libya’s National Oil Company, declared a force majeure on a number of fields and also said that there would be no oil exports from Ras Lanuf or the neighboring Es Sider Oil Port.
ISIS has been working to consolidate its position in Sirte with good success and the militant group appears to be heading west towards the Port of Misrata. Misrata is currently held by the Libyan Dawn, based in Tripoli. They are calling for a united effort to assist in preventing ISIS from making progress through the country.
Gerry Northwood OBE, COO of Mast, said any port held by ISIS could be targeted for bombing by the government and he advised that prior to entering a Libyan port a full risk assessment should be conducted. He added that it was also necessary to maintain a good watch on the commercial status of the port, as closures can occur at short or no notice.
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