The protesters, affiliated with the Petroleum Facilities Guard (PFG) shut Al-Hariga port down in Tobruk because of delays in being paid.
|Spokesperson for the new unified National Oil Company (NOC) Mohammed Al-Harari claimed the protesters were no more than 30 people in all. They came from Tobruk on Wednesday, and shut down the port stopping all export of oil. Al Harari said: “We are doing some effort to solve this problem, some elders from Tobruk and some officials from Al-Khaleej Al-Arabi Oil Company are trying to reopen the oil port so that they avoid the country a possible economic melt-down.” Al-Harari indicated there were already two ships waiting to be loaded. Libyan export firms could be subject to huge fines.|
While we are more constructive on the prospects for a reopening of the ports, we expect the process to be relatively slow. Technical constraints will be significant, with large-scale maintenance works required to prepare the ports for commissioning. It is probable that substantial damage to infrastructure has been incurred and this — alongside the stop-start nature of Libya's production — will likely weigh on growth."