NOC: Approximately $6 billion recorded in losses due to the closure of ports and fields

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NOC: Approximately $6 billion recorded in losses due to the closure of ports and fields

June 22, 2020 - 11:34
Written by: RabiaGolden

The National Oil Corporation (NOC) said on Sunday that the total loss, due to closure of ports and oil fields, is in the region of $6 billion, after 157 days of forced closures.

This came in a brief statement published by the NOC’s official website, without any additional information.

Loyalists of the Warlord Khalifa Haftar closed the Libyan oil export fields and ports since January 17, in a move they described as “draining the sources of support for militias fighting under the banner of the Government of National Accord.”