Fall of oil production has caused estimated losses of 29.36 million barrels since Haftar's militias shut major oil fields and ports a month ago, a publication by Libya's National Oil Cooperation (NOC) shows.

The bulletin issued yesterday estimated the cumulative losses due to the oil closures on January 18 and February 18 by about one billion and 736 million dollars.

Oil production had plummeted to 123.53 thousand barrels per day compared to 1.2 million barrels per day before the oil closures.

Economy