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    Home > Chemicals Industry > Petrochemical News > Libyan National Petroleum Company lifts the force majeure of Hariga port export business

    Libyan National Petroleum Company lifts the force majeure of Hariga port export business

    • Last Update: 2021-07-20
    • Source: Internet
    • Author: User
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    According to foreign news on April 26, the Libyan National Petroleum Company (NOC) said on Monday that it has lifted the force majeure of Hariga Port's export business after solving the budgetary issue with the Libyan Government of National Unity (GNU)
    .


    The Arabian Gulf Oil Company (AGOCO), a subsidiary of the Libyan National Oil Company, which operates Hariga Port, said this month that it was suspending production because it had not received any government funds since September last year
    .


    The National Petroleum Corporation of Libya said that as part of the agreement reached, the National Unity Government will allocate 1 billion reais (225 million U.
    S.
    dollars) to relieve the force majeure of Hariga Port’s export business
    .

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