Libya may stop oil production because of armed conflict

Libya may stop oil production because of armed conflict National Oil Corporation of Libya's Defense Ministry calls on countries to take measures to protect oil fields
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February 16, 2015 13:45
Libya may stop oil production because of armed conflict

Baku. 16 February. REPORT.AZ/ National Oil Corporation of Libya may suspend oil production at all of its oil fields due to the military conflict.

Report informs citing the Tass it was stated in the company.

Repetition of armed attacks on deposits can lead to migration of the technical staff of oil fields and oil companies.

We are experiencing difficulties in ensuring the safety of workers. Operations in the fields have become more difficult and almost impossible due to the lack of adequate and safe living conditions for workers, says the report.

The company also called on the Department of Defense to take appropriate measures to protect the oil fields from assault and vandalism.

In case of continuation of these incidents, National Oil Corporation may stop all operations on all the oil fields, the company says.

Libya, a member of OPEC has the largest reserves of hydrocarbons in Africa.

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