MADRID 3 Oct. (EUROPA PRESS) –
The authorities based in eastern Libya announced this Thursday the end of the blockades on the oil fields imposed in the midst of the dispute over the Libyan Central Bank, a response last week after an agreement between the opposing governments in the African country to appoint the new governor of the organization.
The head of the parallel government, Osama Hamad, has stressed that the withdrawal of the blockades implies the soon resumption of oil production and export operations and has added that the measure “is in favor of the public interest”, as reported by the agency. Libyan state news agency, LANA.
For its part, the National Oil Corporation (NOC) has published a brief statement announcing “the withdrawal of force majeure in all oil fields and oil terminals in Libya, effective from October 3, 2024.” The blockades were imposed in protest by the former governor of the Central Bank, which unleashed a new institutional crisis in Libya.
The House of Representatives of Libya, the Parliament based in the east of the country, approved on Monday the appointment of Muhamad Nayi Isa as the new governor of the Central Bank, paving the way to end the crisis around the organization following the agreement signed last week between the parallel authorities.
Currently, Libya is divided into two administrations after the House of Representatives terminated the mandate of Abdul Hamid Dbeibé due to the postponement of the presidential elections in December 2021 and appointed Fazi Bashaga to the position, later suspended from office. and replaced by Osama Hamad. Dbeibé rejected the decision and chose to remain in office until elections were held.
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