The government designated by the House of Representatives (HoR) declared, on Monday, a state of force majeure on all oil fields and ports, and halted oil production and exports until further notice.
The government said in a video statement read by Prime Minister, Osama Hammad, that this decision came in response to “the attacks on the leaders, employees and administrations of the Central Bank of Libya by unlawful groups with the incitement and assistance of the Presidential Council.”
Hammad’s government considered that its decision came from “the reality of the legal and social responsibility placed on the Libyan government to preserve and maintain public money, preserve the livelihood of Libyans, their money and reserves at the Central Bank of Libya, and funds of oil revenues from falling into the hands of an illegitimate group.”
