The Libyan National Oil Corporation (NOC) has lifted force majeure on Hariqa oil port and instructed operating firms to resume production and exports.

The decision came after a meeting for the Chairman of NOC, Mustafa Sanallah, and heads of Ras Lanuf, Arab Gulf Company and Sirte oil companies in Benghazi, where they also reviewed the challenges facing the operations of those firms.

They also agreed to issue a statement about the commitments of the oil companies ahead of payments in two months from Monday, prioritizing national firms.

The NOC said it will appoint a specialized highly credited company to assess the oil facilities to set up a plan to maintain the safety of state assets.

Economy