EU Spokesperson statement on the trade in Libyan oil

June 28, 2018
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The EU Spokesperson issued a statement today where she indicated that the oil infrastructure, production, and export in Libya need to remain under the exclusive control of the Libyan National Oil Corporation (NOC), with all oil revenues transferred to the Central Bank of Libya.

She pointed out that “recent statements calling for oil exports from the Eastern oil terminals to be approved by entities other than the legitimate NOC are therefore unacceptable and contravene UN Security Council Resolutions. Any illegal action that may jeopardise the country’s oil industry must be avoided”.

The statement reiterated that “the European Union and the rest of the international community, as set out in several UN Security Council Resolutions on Libyan oil, have consistently opposed any attempt to sell or purchase Libyan oil outside the official channels managed by the Libyan National Oil Corporation (NOC)”. It further noted that “the European Union will, together with its Member States, continue to counter any attempt to trade Libyan oil outside the internationally recognised official channels”.

 

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Press release

Countries covered:

  • Libya
Thematics
Human Rights