Tripoli: Europe and the Arabs
The National Oil Corporation in Libya announced yesterday, Tuesday, that the total production rates of crude oil, condensates and natural gas reached 1,339,799 barrels during the past 24 hours.
The corporation explained - in a statement reported by the Libyan News Agency (WAL) - that the rates reached 1,133,133 barrels of crude oil and condensates, and 206,666 barrels of gas equivalent, a few days after lifting the force majeure.
Before the end of last August, the Libyan government assigned by the House of Representatives declared a state of "force majeure" on the entire oil sector and halted production and exports, due to sharp disagreements over the management of the Central Bank in the country.

The decision came in response to the "storming" of the "handover and receipt" committee assigned by the Presidential Council of the headquarters of the Central Bank in Tripoli, to enable a new management of the bank instead of the governor, Al-Siddiq Al-Kabeer.
Prime Minister Osama Hammad said: "The headquarters of the Central Bank and its employees were subjected to repeated attacks by an outlaw group, incited by the Presidential Council, which is impersonating the Presidential Council, which aims to illegally control the most important financial institution in the country." He considered that "the Presidential Council has disregarded all decisions issued by the House of Representatives and the State Council and all financial legislation in the country, and ignored what was issued by the judiciary to suspend its flawed decisions due to their absence."
"Force Majeure" Declaration
According to Hammad, "attempts to storm the Central Bank by force resulted in the complete suspension of all financial transactions of the state, harmed citizens and exposed the national economy to collapse."