Libya's National Oil Corporation (NOC) has warned that it will declare force majeure and shut down the Zawiya refinery if drone attacks continue. This was reported by Qazaqyia.kz citing Reuters.
In its statement, NOC said that drone attacks are threatening the country's oil infrastructure, and the shutdown of the Zawiya refinery would significantly affect oil production and exports. The company said it would be forced to declare force majeure if the situation does not stabilize.
According to Reuters, this warning comes amid political instability and armed conflicts in Libya. The Zawiya refinery is a major oil processing facility in the west of the country, and its operation is important for supplying the domestic market with fuel.
This move by NOC could deepen instability in Libya's oil sector. Experts warn that continued drone attacks could affect oil prices.