Suspension of Libyan oil exports costs 3 bln USD losses
TRIPOLI, March 13 (Xinhua) -- Libya's National Oil Corporation (NOC) on Thursday said that the suspension of oil exports because of the closure of oil fields and ports has caused losses of more than three billion U.S. dollars so far.
"Oil and gas production in Libya has been consistently down. The current levels of production are 97,508 barrels a day, as of Wednesday March 11, 2020. Forced restriction of production has resulted in financial losses exceeding 3,086,823,264 USD since January 17, 2020," NOC said in a statement.