160 million Dollar loss due to oil field closures

News In Brief

160 million Dollar loss due to oil field closures

August 31, 2017 - 14:48
Written by: HousamNajjair

The National Oil Corporation (NOC) stated on Wednesday that the losses caused by the closure of the Rayayna valve, that connects between the Sharara oil field and Zawiyah refinery, as well as the closure of other oil fields, has amounted to an estimated loss of 160 million Dollars in sales so far.

The NOC confirmed that they have filed a formal complaint with the Attorney General's Office against the leaders of the armed militias responsible for the closure.