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NOC: financial losses to hit $9 Billion

In an official notice, Libya’s National Oil Corporation (NOC) said Friday that the losses to the Libyan state, as a direct result of the illegal forced closures of its oil facilities, reached $8,809,863,471 billion, during a period of 2020 days of forced shutdown of production in the oil industry.

NOC Chairman, Eng Mustafa Sanalla said: “The blockade has caused great suffering to Libyan citizens, negatively impacting all aspects of life. Electricity blackouts in the eastern region due to lack of gas is one of those effects. NOC is continuing to make every effort to alleviate the suffering of Libyans in all parts of the country. We reiterate our calls to end the illegal blockade of our facilities so that we can do our job and meet local fuel consumption needs”.

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