Atwasat

Borrell: Mobilizing efforts to "fully" resume production and oil exports in Libya




Alwasat - Cairo Mon 21 Sep 2020, 08:08 PM
alwasat radio

The High Representative for Security and Foreign Policy in the European Union Josep Borrell confirmed that all efforts must be made to fully resume production and export of oil in Libya.

"We will mobilize all efforts to fully lift the blockade on oil production in Libya, which has cost the country more than $10 billion since the beginning of the year," Borrell said at a press conference after the end of the European foreign ministers' meeting in Brussels on Monday.

Borrell indicated that to understand the importance of this issue, it is sufficient to "compare this number with the aid provided to Libya, which is at most a few hundred million dollars!"

The European official stressed that due to the disruption of oil production, "the country lacks electricity and water in major cities."

On Saturday, the National Oil Corporation announced the lifting of force majeure on "safe" oil fields and ports, stressing the importance of adhering to the professional and non-political constants in any arrangements related to lifting the status of force majeure from the oil fields and ports.

This came after Marshal Khalifa Haftar announced on Friday, the resumption of oil production and exports "on condition that profits not be used for financing terrorism," in an agreement with Presidential Council deputy, Ahmed Maiteeg.

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