In an official notice published by Libya’s National Oil Corporation in which it summarises the situation across Libya for the oil and gas sector, NOC stated that it is concerned about a potential fuel shortage in the coming days after the forced reduction of local production, the Zawiya refinery shut down as well as the lack of funding to import sufficient fuel to meet the needs of Libyans.
NOC added that oil and gas production in Libya have been consistently down as a result of the illegal blockade of oil facilities.
Hence, the current levels of production are 123,240 barrels per day, as of Monday March 2, 2020.
Forced restriction of production has resulted in financial losses exceeding $2,590,946,109 USD since January 17, 2020.
NOC clarified that it continues to supply hydrocarbons to the Eastern and Central regions in sufficient quantities to meet the transport and domestic needs of citizens, adding that Tripoli storage depots and some of the surrounding areas and Southern regions are suffering from a lack of supplies due to the deteriorating security conditions.
