As a result of oil leaks due to a lack of enough storage capacity for crude oil, Libya’s National Oil Corporation (NOC) on Saturday warned of an “impending environmental disaster.”
The NOC said, “We have lost a lot of storage capacity and therefore we will not be able to store all the quantity of crude oil.”
Libya’s NOC added, “We are at risk of losing the amount of crude and the line carrying it, due to its waxy nature or the leakage of crude oil from the tanks at the Zuwetina terminal.”
The state-owned company declared force majeure on oil exports in mid-April, from the Zuwetina port and El-Feel and El-Sharara oilfields.
The move came following the halting of oil production in southern and central Libya, announced by tribal leaders, until Prime Minister Abdul Hamid Dbeibeh hands over power to the newly appointed government of Fathi Bashagha.
The appointment of a new board for the company and the sacking of Mustafa Sanalla, the head of the NOC, was also called for.
