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NOC will stop production and export


NOC may announce "force majeure" in two oil ports if the security tension continued in the Crescent oil region. The production of Waha Company was stopped due to the difficulty of continuing work in the port of Sidra and the precautionary evacuation of a large part of employees led to suspension of reception of crude oil from the fields; the same conditions to be applied in the port of Ras Lanuf and NOC may announce "force majeure" on the two ports in the case of continuation of the security tension in the vicinity of the ports.

Emergency Committee, a subsidiary of NOC is in constant contact to monitor and assess the situation, and may result in the exposure of the oil facilities by any dangers.

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