The forced decline in oil and gas production has caused the loss of more than $ 4.1 billion USD since January 17th, with current oil production in Libya down at 80,510 barrels per day, the National Oil Corporation (NOC) has said.
"The closure of oil facilities has led to the suspension of the Zawia refinery, which forced the NOC to increase its hydrocarbon imports to meet the basic needs of the people," the company stated.
It indicated that most of the oil and gas tanks have been damaged due to the halting of oil operations and are considered now out of service.
Economy
