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Oil production: losses are more than 1 billion USD

The National Oil Corporation reported a drop in production as a result of the blockade of ports and pipelines to the current level of 191,475 barrels per day, with losses exceeding 1 billion USD at 1,380,468,480 USD.

NOC also stated that it continues to supply hydrocarbons to the Central and Eastern regions in sufficient quantities in order to meet the transport and domestic needs of citizens.

Hence, a gasoline tanker is unloading today at benghazi port. Moreover, the city of Tobruk and the rest of the Eastern region is being supplied directly from Benghazi.

It is worth noting that daily production was about 1,220,000 barrels per day before the declaration of force majeure on January 18, 2020.

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