Libyan oil company declares force majeure

The Libyan National Oil Company (NOC) declared force majeure on oil exports from the ports of Brega, Ras Lanuf, Marsa el Hariga, Zueitina and Es Sider on January 18th, reports North of England Club. The move follows allegations that the Libyan National Army (LNA) issued instructions to the Sirte Oil Company, Harouge Oil Operations, Waha Oil Company, Zueitina Oil Company and Arab Gulf Oil Company (AGOCO) to stop oil exports from the above listed ports.