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Tripoli (AFP) – Libya’s National Oil Company said it had stopped loading crude at a key government-controlled shipping terminal, declaring “force majeure” after a pipeline closure halted operations at its main oil field.
The NOC “hereby declares a state of force majeure on crude oil loadings at Zawiya port,” it said in a statement on its website late Saturday.
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Source: news.yahoo.com
Experts are skeptical that U.S. allies will get on board.
In the wake of alleged aggression from Iran in the Persian Gulf, U.S. Secretary of State Mike Pompeo rolled out a new plan this week, dubbed “Sentinel,” to recruit U.S. partners to help enhance security for ships traversing the Strait of Hormuz and other choke points.
But experts are skeptical that the United States can get allies in the Gulf, Europe, or Asia to shore up the resources needed to make a significant difference to the commercial vessels facing threats from Tehran in the world’s busiest shipping lanes.
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Source: foreignpolicy.com
The nation’s crude oil exports have suffered a fresh setback following a fire outbreak on the Trans Forcados Pipeline, one of the nation’s key export routes.
One of our correspondents learnt that the fire occurred late Sunday evening on a section of the pipeline that was undergoing repairs.
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Source: hellenicshippingnews.com
LONDON (Reuters) – Iran will respond firmly to any Israeli naval action against its oil shipments, Iran’s defense minister said on Wednesday, in comments that came a week after Israel’s prime minister said its navy could act against Iranian oil “smuggling” to enforce U.S. sanctions.
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Source: reuters.com
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