Mellitah Oil and Gas Company has reported a monthly loss of more than 2.16 million bpd of crude oil due to the continued closure of the Al-Feel (Elephant) oil field.
The company said the crude oil loss is 144 million dollars at current oil prices.
Negotiations with the southern branch of Petroleum Facilities Guard (PFG) have not led to any positive results, the company revealed, stressing that significant efforts are still underway to bring the crisis to an end.
Al-Feel oil field was closed on February 23 by the PFG to protest the delay in the payment of their salaries.
Economy
