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Libya: lowest level of oil production since 2011.

In an official notice published yesterday, National Oil Corporation summarised the situation across Libya for the oil and gas sector. 

Oil and gas production in Libya have been down since January 2020 as a result of the illegal blockade of ports and pipelines.

At the moment, the current levels of production are 135,723 barrels per day, as of Tuesday February 25, 2020. This is the lowest level of production since 2011. 

Forced restriction of production has resulted in financial losses exceeding $2 billion USD, at $2,223,941,659 USD. 

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