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Libya: oil and gas severely reduced

National Oil Corporation stated that the production, transportation and supply of oil and gas continues to be severely reduced due to the ongoing security situation across Libya.

It also cofirmed a drop in production as a result of the blockade of ports and pipelines. Hence, the current level of production is 122,424 barrels per day, as of Thursday February 20, 2020. Forced restriction of production has resulted in financial losses approaching 1 billion USD at 1,857,677,138 USD.

It should be noted that the gasoline tanker Anwar Libya was given permission to re-enter the port of Tripoli yesterday, following its emergency departure on Tuesday February 18, 2020, due to mortar strikes on the port.

Libya’s National Oil Corporation continues to supply hydrocarbons to the Central and Eastern regions in sufficient quantities to meet the transport and domestic needs of citizens. Moreover, An LPG tanker is preparing to discharge at Benghazi port, while another diesel tanker arrived at the port this morning and will start discharging later. The city of Tobruk and the rest of the Eastern region is being supplied directly from Benghazi.

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