--- title: Libya's NOC welcomes proposal to end oil blockade description: Libya’s NOC welcomed on Friday proposals from both sides in the country’s conflict to lift a 7 month oil blockade. image: https://channel16.dryadglobal.com/hubfs/download.jpeg --- # Libya's NOC welcomes proposal to end oil blockade By: [ Dryad Global ](https://channel16.dryadglobal.com/archive/author/dryad-global) on August 24, 2020 at 6:40 AM [Security](https://channel16.dryadglobal.com/archive/tag/security) [Oil](https://channel16.dryadglobal.com/archive/tag/oil) [Libya](https://channel16.dryadglobal.com/archive/tag/libya) - [**](https://twitter.com/GlobalDryad) - [**](https://www.linkedin.com/company/dryad-global/) - [**](https://www.youtube.com/channel/UCZSIjPkeq7iDcsj4r9TF9mg?sub_confirmation=1) ![Featured Image](https://channel16.dryadglobal.com/hubfs/download.jpeg) Libya’s National Oil Corporation welcomed on Friday proposals from both sides in the country’s conflict to lift a seven-month oil blockade and place revenues in a special bank account until a political deal is reached. “NOC reiterates its call for all oil facilities to be freed from military occupation to ensure the security and safety of its workers,” the state oil producer said in a statement. “Once this has been done, NOC should be able to lift force majeure and re-commence oil export operations.” Source: [Reuters](https://www.reuters.com/article/libya-security-oil/libyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal-idUSD5N2EC007) ###### Share article [![Share on Facebook](https://channel16.dryadglobal.com/hs-fs/hubfs/Drayad_DMP21/Images/fb.png?width=24&name=fb.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://channel16.dryadglobal.com/hs-fs/hubfs/Drayad_DMP21/Images/linkedin.png?width=24&name=linkedin.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://channel16.dryadglobal.com/hs-fs/hubfs/Drayad_DMP21/Images/twitter.png?width=24&name=twitter.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Libya%27s%20NOC%20welcomes%20proposal%20to%20end%20oil%20blockade) [![Share on Pinterest](https://channel16.dryadglobal.com/hs-fs/hubfs/Drayad_DMP21/Images/pinterest.png?width=24&name=pinterest.png)](http://pinterest.com/pin/create/button/?url=https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Dpinterest&media=https%3A%2F%2Ff.hubspotusercontent40.net%2Fhubfs%2F4795492%2FDrayad_DMP21%2FImages%2Fpinterest.png) [![Share on Email](https://channel16.dryadglobal.com/hs-fs/hubfs/Drayad_DMP21/Images/mail.png?width=24&name=mail.png)](mailto:?subject=Check%20out%20https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Fchannel16.dryadglobal.com%2Farchive%2Flibyas-noc-welcomes-oil-restart-proposal-calls-for-military-withdrawal%3Futm_medium%3Dsocial%26utm_source%3Demail) #### Related Posts ### [UN warns Libya's banking system at risk of.. 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