Coffee beans

Fire kills two at Lifeco site in Libya

Jul 14, 2010

Two people have been killed and two injured in a tragic accident at Lifeco, Yara's 50/50 joint venture in Libya. Fire broke out on Sunday July 11, while production was stopped for maintenance.

"We deeply regret the loss of lives. Our thoughts go out to the relatives of the deceased and the ones who were injured," says President and CEO Jørgen Ole Haslestad.

Yara has a 50 percent stake in Lifeco (the Libyan Norwegian Fertiliser Company), which was established in 2009.

Sunday's fire broke out in a heat exchanger while scheduled maintenance work was taking place.

Yara's Head of production travelled to the site immediately. He will assist the investigation team from Libya's National Oil Corporation (NOC), one of Yara's partners in the JV.

Safeguarding health and security is high priority in Yara, and a thorough investigation will aim to prevent similar accidents in the future.

Apart from the loss of lives and injuries, the material damage to the plant itself was limited. The scheduled stop in production at the affected plant will be prolonged, probably for a few weeks, while other production lines at the site will run normally.


Contact

Bernhard Stormyr, Media Relations
Cellular (+47) 90 10 76 85

More information on Lifeco:
http://www.yara.com/about/where_we_operate/libya_production_lifeco.aspx


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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