NOC says outputs down from 1.2m to just over 300,000 amid Haftar's blockade

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NOC says outputs down from 1.2m to just over 300,000 amid Haftar's blockade

January 26, 2020 - 12:22
Written by: SafaAlharathy

Libya's oil production has plunged from 1.2 million barrels per day to 320 thousand barrels since forces loyal to Haftar began a blockade on the country's main ports and oil fields a week ago, the National Oil Corporation (NOC) said on Saturday.

This decline has caused losses of about $256.6m since the closure of major oil fields and ports in the east and south of the country, until January 23, the NOC said in a statement on its website.

 

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