When you need to know
The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah disclosed that Libya had lost 320 million dollars over the shutdown of Al-Feel oilfield.
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Mellitah Oil and Gas Company said that the losses caused by the halting of crude exports due to the closure of Al-Feel field for over two months amount to 400,000 barrels per day about 239 million dollars.
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Mellitah Oil and Gas Company has reported a monthly loss of more than 2.16 million bpd of crude oil due to the continued closure of the Al-Feel (Elephant) oil field.
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The National Oil Corporation continues to declare the force majeure on oil production from Al-Feel oil field, Mellitah Oil & Gas Company reported Sunday.
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Al-Feel (elephant) oil field remains closed despite the announcement of the Petroleum Facilities Guard of reaching an agreement with the guards to reopen the field, Reuters reported.
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The Commander of the Petroleum Facilities Guard (PFG) of the Presidential Council, Idris Boukhmada, has warned all members of PFG against committing any act that might cause disruption of work in the oil fields and ports.
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The Petroleum Facilities Guard (PFG) announced on Wednesday that an agreement had been reached to lift force majeure and resume production at Al-Feel oil field, which amounts to approximately 70 thousand barrels per day.
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The former head of the Petroleum Facilities Guard (PFG) in central Libya Ibrahim Jodran has arrived in Algeria's Annaba city to stay in there after one week of his release by an armed group in Nalut, western Libya, loc
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