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The Ministry of Oil: “Closing oil fields after the rise in prices is to miss profitable opportunities and to waste supporting the public treasury and the cash reserve in hard currency”

The Ministry of Oil and Gas said today, Sunday, that it has been seeking, since the beginning of the crisis of closing some oil fields and ports and to stopping production and exporting oil to avoid the negative effects on the national economy and the infrastructure of the oil and gas sector in several explanatory statements on the ministry’s page after communicating with the wise, notables and other segments of society in the south, west and east of the country through a committee formed for this purpose.

The ministry also made it clear that these closures are not in the supreme national interest, but on the contrary, their negative effects directly harm this interest and what the Libyans aspire to in terms of benefit and improvement of living conditions, especially with the unprecedented rise in prices in the global oil markets, missing profit opportunities and wasting public treasury support and cash reserves in hard currency.

In its statement, the ministry called on all actors in the Libyan political scene and to not respond to any political party to plunge the oil sector into the heat of the political battle, give priority to the interests of the country and lift the suffering of citizens and keep the country away from bankruptcy and dependence on the World Bank, in appreciation and respect for the people of this country who have sacrificed for it throughout the ages.

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