Losses due to forced closure of oil facilities reach nine billion dollars

News In Brief

Losses due to forced closure of oil facilities reach nine billion dollars

August 29, 2020 - 10:40
Written by: RabiaGolden

The National Oil Corporation (NOC) has estimated the losses of revenues due to forced closure, by Khalifa Haftar’s militias of oil installations since January 18, at nine billion dollars.

The NOC said on Friday that the recorded losses were estimated within a time span of 224 days of disruption to production and export operations throughout Libya.

Warlord Haftar has been using oil facilities as a political card after losing his war on Tripoli.