{"id":33376,"date":"2021-04-20T09:04:09","date_gmt":"2021-04-20T09:04:09","guid":{"rendered":"https:\/\/tabadul.demo.ly\/en\/libyas-noc-declares-force-majeure-on-the-harika-oil-port\/"},"modified":"2021-04-20T09:04:09","modified_gmt":"2021-04-20T09:04:09","slug":"libyas-noc-declares-force-majeure-on-the-harika-oil-port","status":"publish","type":"post","link":"https:\/\/tabadul.tv\/en\/libyas-noc-declares-force-majeure-on-the-harika-oil-port\/","title":{"rendered":"Libya\u2019s NOC declares force majeure on the Harika oil port"},"content":{"rendered":"\n<p>Libya\u2019s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute with the country\u2019s central bank.<\/p>\n\n\n\n<p>Daily lost income \u201cmay exceed 118 million dinars ($26 million)\u201d, NOC said in its statement.<\/p>\n\n\n\n<p>Arabian Gulf Oil Co (AGOCO), the NOC subsidiary which runs Hariga, said on Sunday it had suspended output because it had not received its budget since September. Its Hariga port manager and an oil engineer said production had been reduced.<\/p>\n\n\n\n<p>NOC said the Central Bank of Libya (CBL) had refused to finance the oil sector for months, adding that \u201cthis painful reality may extend to the rest of the companies\u201d.<\/p>\n\n\n\n<p>Libyan oil output was halted for much of last year after eastern-based forces in the country\u2019s civil war blockaded oil terminals, causing NOC to declare force majeure on all exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Libya\u2019s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute with the country\u2019s central bank. Daily lost income \u201cmay exceed 118 million dinars ($26 million)\u201d, NOC said in its statement. Arabian Gulf Oil [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[11228],"class_list":["post-33376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-budgetcentral-bank-of-libyaforce-majeurelibyanational-oil-corporationnoc"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/33376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=33376"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/33376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/37029"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=33376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=33376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=33376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}