The Deputy Prime Minister of Libya’s internationally recognized government in Tobruk, Abdussalam Elbadri, told a conference last week in Malta that his government will punish international oil companies (IOCs) that continue to work with the rival administration in Tripoli.
In parallel, the Chairman of the National Oil Corporation (NOC) based in the East of Libya, Nagi Elmagrabi, told Bloomberg:
“We will send letters to all the international companies that operate in Libya asking them to deal with the internationally recognized and legal government.
“We will take measures based on their respective replies to the letter. If they continue to decline to cooperate with the legal government, we will stop their loadings once their contracts expire.”
Mahdi Khalifa, an NOC board member, said that any oil companies that refuse to cooperate with the government face the risk of legal action.
(Source: Bloomberg)
(Oil image via Shutterstock)
