NOC says oil blockade causes losses close to 3.9 billion USD

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NOC says oil blockade causes losses close to 3.9 billion USD

April 04, 2020 - 13:56
Written by: SafaAlharathy

The National Oil Corporation (NOC) said on Thursday that the shutdown of oil exports by Haftar's militias has made losses of almost 3.9 billion USD.

According to the NOC, the total oil production dropped to 92,731 barrels per day, as of last Wednesday.

It called for the blockage to be lifted at once, and the restart of oil production.

The oil facilities have been closed by Haftar's militias since January 17th and the losses are growing day by day, which in turn has a direct effect on the living conditions of all Libyans.