Western powers welcome return of Libyan oil

Western powers on Thursday welcomed the return of authority over oil exports in Libya to the U.N-backed National Oil Corp.

The NOC announced Wednesday it lifted a suspension of loading at four oil terminals after control was returned from the Libyan National Army, which seized the facilities in violation of U.N. Security Council resolutions.

NOC Chairman Mustafa Sanalla said Thursday the company and its subsidiaries were concentrating on returning Libyan oil production to its maximum potential and recovering from the losses of four weeks of conflict…

 

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