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Military escalation adversely affects oil production in Libya: NOC

Chairman of the National Oil Corporation (NOC) Mustafa Sanalla warned Wednesday of the adverse impact of military escalation on the production of crude oil.

“The continuation of the conflict would hinder the distribution of the refined fuel and lead to the theft and smuggling of crude oil,” Sanalla said on the sidelines of the Oil and Fuel Supply Chain Security Conference in London on Wednesday.

In his key speech at the conference, the NOC chariman called on Europol, Interpol and European national law enforcement agencies to enhance efforts to chase and repatriate the revenues of smuggled oil to the Libyan government.

In the war between head of the Government of the National Accord (GNA) Faiez al-Sarraj and General Commander of the Libyan National Army (LNA) Khalifa Haftar over Tripoli, heavy weapons have been used on residential units, schools and hospitals, killing more than 200 people and injured 913.

On April 10, the Board of Directors of the NOC condemned the bombardment of the headquarters and surrounding compound of its subsidiary, North African Geophysical Exploration Company (NAGECO) in the Qasr Bin Ghashir district on the outskirts of Tripoli.

The aerial raid destroyed one of the main walls of the headquarters and burned down six residential units of international staff.

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