Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • The State of Publishing in Libya: Exchange Rate Fluctuations and Printing Costs Determine Book Prices
  • Al-Ameen Warns Against Canceling the School Year and Accuses Authorities of Negligence in Education and Health
  • Ghat prepares to implement road paving project for the first time since the 1980s
  • Minister of Justice Affirms Ministry Branches’ Commitment to Enhancing the Performance of the Justice System Across Various Regions
  • Major General Saddam Haftar Inspects Readiness of Benina Airbase and Stresses Protection of Libyan Airspace
  • Mediterranean Storm Agneta Hits Southern Italy and Greece as Libya Braces for Its Impact
  • Libya and Jordan Discuss Developing Military Training, Coordination, and Exchange of Defense Expertise
  • National Planning Council Discusses Resumption of Studies and Resolution of Teachers’ Employment and Living Demands
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Friday, 6 November 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Libya Oil Corporation declare force majeure due to attacks on crude pumping valves

Libya Oil Corporation declare force majeure due to attacks on crude pumping valves

Sunday, March 6, 2022 Business 2 Mins Read
Suspension of NOC chief remains in force, says oil ministry
The Libyan National Oil Corporation (NOC) has revealed that closure of crude pumping valves from the El Sharara and El Feel fields caused loss of 330 thousand barrels per day and 160 million Libyan dinars (over $30 million).

NOC Chairman, Mustafa Sanalla, said: “We have been assured that a group of suspicious gangs led by the so-called Muhammad Al-Bashir Al-Qarj closed the crude pumping valves.”

Sanalla added: “The implementation of our obligations towards refiners in the oil market has become impossible, and accordingly we are obliged to declare state of force majeure, in the manner applied in the oil industry.”

The Chairman wondered: “For the benefit of whom are such closures! which came after the oil price jumped to exceeded $100 per barrel. The same gang closed these valves between 2014 and 2016.”

Sanalla pointed out that these closures coincided with the price boom, and all of these indicators confirm that they have suspicious links and moved by hidden hands to drag the country into chaos.

He pointed out that a report was submitted to the Public Prosecution to take deterrent and accurate measures to reveal the planners, implementers and beneficiaries of this defective act.

He stressed that the next steps must be firm and governed by criminal legal standard, and they must be criminally prosecuted by the Public Prosecution.

Libya oil Mustafa Sanalla NOC
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleBashagha assures US of his commitment to hold elections
Next Article UN Adviser discuss Libya elections with women candidates

Keep Reading

Al-Sharif: Wage Reform Requires Controlling Spending and Governance of Oil Revenues

Bousheha: Libya Spent Around $10 Billion Annually on Development Over Four Years

After Receiving Abukhzam, Central Bank Assures Citizens and International Partners of Continued Services and Fulfillment of Commitments

Speaker of the House discusses curbing spending, studying exchange rate adjustment, and experts’ meeting within 10 days

Hosni Bey: Salary Unification Does Not Protect Purchasing Power Without Budget and Subsidy Reforms

Al-Brega Confirms Arrival of 95-Octane Gasoline Shipment in Tripoli and Ongoing Distribution

Follow us on Twitter

The Libya Update Verified account Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
21h

The State of Publishing in Libya: Exchange Rate Fluctuations and Printing Costs Determine Book Prices

Reply on Twitter 2118229964738703416 Retweet on Twitter 2118229964738703416 Like on Twitter 2118229964738703416 Twitter 2118229964738703416
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
4 Nov

The Ministry of Interior of the Libyan Government issues separate decisions regarding the assignment of security leaderships to manage security directorates in Greater Benghazi, AlKufra, and AlButnan.

Assigning Major General Osama Suleiman Al-Keish to the duties of Director of

Reply on Twitter 2118068207483335162 Retweet on Twitter 2118068207483335162 Like on Twitter 2118068207483335162 Twitter 2118068207483335162
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
4 Nov

Al-Ameen Warns Against Canceling the School Year and Accuses Authorities of Negligence in Education and Health

Reply on Twitter 2118031775360299122 Retweet on Twitter 2118031775360299122 Like on Twitter 2118031775360299122 Twitter 2118031775360299122
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates




    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.