NOC head warns persisting conflict would result in the loss of 95% of Libyan oil production

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NOC head warns persisting conflict would result in the loss of 95% of Libyan oil production

May 19, 2019 - 13:35
Written by: SafaAlharathy

The head of the Libyan National Oil Corporation (NOC), Mustafa Sanallah said that precariousness of the security situation in the country would lead to the loss of 95% of the Libyan oil production.

Sanallah's remarks came during a press talk in Jeddah ahead of the Joint Ministerial Control Committee meeting for oil producers from OPEC and outside, according to Reuters.

Sanallah cited in his statements the on Zuitina company near the Zollah oilfield on Saturday at dawn.