TRIPOLI, Feb 18 (NNN-AGENCIES) – Libya’s National Oil Corporation (NOC), said that, the suspension of oil exports, due to closure of oil fields and ports, has caused a loss of more than 1.6 billion U.S. dollars so far.
“National Oil Corporation (NOC), confirms a drop in production, as a result of the blockade of ports and pipelines, to the current level of 135,745 barrels per day, as of Monday (yesterday) Feb 17, with losses exceeding one billion USD, at 1,616,886,132 USD,” NOC said.
“NOC renews its call for all blockades to be lifted, to allow the corporation to resume production immediately, for the sake of Libya and its people,” the statement said.
Tribal leaders in eastern Libya recently closed oil ports, accusing the UN-backed government of using oil revenues to support armed groups against the east-based army.
The United Nations Security Council recently adopted Resolution 2509, to extend the ban on illicit export of petroleum from Libya, including crude oil and refined petroleum products, till Apr 30, 2021.– NNN-AGENCIES
