Loss of revenues due to Libyan oil closure exceed $7.8 billion

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Loss of revenues due to Libyan oil closure exceed $7.8 billion

August 05, 2020 - 11:23
Written by: RabiaGolden

The National Oil Corporation (NOC) reported on Tuesday the total loss of sales opportunities as a direct result of oil installation closures amounts to 7.841 billion dollars, during the 200 days of force majeure.

The NOC, on its official Facebook page, called for an end to the forced closure of its installations in order for international partners to be able to provide extra support in the fight against the spread of the Coronavirus pandemic.

It is worthy to note that warlord Haftar’s forces closed the oil fields and ports in the country since January last for economic and political gains.