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Bashagha: “The stability of oil is necessary for the Libyans to enjoy a better life, and the expired government is the reason why the NOC declared a state of force majeure”

The Head of the Libyan Government of the House of Representatives, Fathi Bashagha,  included a statement on social media, in which he said: “As I indicated in the Roadmap to Recovery, the stability of oil production is necessary for all Libyans to enjoy a better life, and for planning towards elections, because financial stability is an important part also.”

He added: “The budget of the Libyan government, which was approved by the House of Representatives, aims to develop the oil sector and support the National Oil Corporation, in addition to setting controls to ensure that funds are spent transparently and thus limit corruption.”

He also continued: “The expired prime minister and others are acting in their personal interest and they are the reason for the National Oil Corporation’s announcement of force majeure. I affirm my support for the National Oil Corporation and call for the financing of my government’s approved budget without delay so that we can move Libya forward.”

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