Petroleum Africa
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Monday, July 25, 2016
Libya’s NOC is not happy with the deal made between the Petroleum Facilities Guards (PFG) and the unity government to reopen ports.
Libya’s hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports.
According to a letter seen by Reuters,NOC’s chairmanMustafa Sanalla, said it was a mistake to reward Ibrahim Jathran, head of thePFG, fora blockade of the oil ports of RasLanuf, Es Sider, and Zueitina.Sanalla maintains that the settlement will only encourage other groups to disrupt oil and gas operations in hopes of a similar pay out.
While the terms reached to end the blockade of the ports has not been made public, a Reuters report says the salaries for Jathran’s men have been agreed upon.
Sanalla said the NOC would not lift force majeure at export terminals if a payout went through due to the risk that the corporation would face liabilities.Should any court cases arise internationally for losses stemming from the blockade, “we, as NOC, are determined not to be attached to these lawsuits,” the letter said. NOC also threatened to withdraw its recognition of the unity government.
It is hoped that NOC, the PFG, and the unity government can come to some accord that will allow for Libya’s export terminals to once again become active.
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