Today, Libya’s National Oil Corporation (NOC) claimed that oil production dropped to 320,154 barrels per day by January 23, from 1.2 million barrels.

Financial losses caused by the blockade stood at $256.6 million, the NOC clarified in a statement.

It warned that oil production can drop as low as 72,000 barrels per day if the blockade continues.

The NOC announced that gas production stood at 50 million cubic feet per day, without reporting any output change, and that Zawiya refinery in western Libya was working normally and producing fuel for national consumption.