National Oil Corporation has evacuated staff from both Sidra and Ras Lanuf terminals for their safety due to armed clashes in the area. The loss in oil production is around 240,000 bpd and a planned tanker entry today to Sidra has been postponed.
The National Oil Corporation (NOC) has met with the Malaysian company Bionas to better understand how the latest technological advances can be applied to the extraction of biofuel from the Jatropha tree to help combat desertification, as well as providing an additional renewable energy source. Such energy sources can be used to support the economies and UN sustainable development programmes in the Great Green African Belt region (from the Red Sea in the East to the Atlantic Ocean to the West of the continent). The Malaysian company also showcased technology used in the processing of sewage and water associated with the oil production process, thereafter converted to alternative energy and agricultural fertilizer, both contributing to addressing problems associated with global warming.