Libya loses $ 67.4 million a day due to the closure of oil ports



[ad_1]




Tripoli – d


Published on:
Monday, July 2, 2018 – 10:20 pm
| Last update:
Monday, July 2, 2018 – 10:20 pm

Libya's National Oil Corporation announced Sunday night that the closure of oil ports in the east of the country was costing the state an estimated $ 67.4 million in daily losses.

The organization warned that the crude export operations "The closure of the ports may require a declaration of force majeure, which will have serious consequences for the country's economy in short and in the long term, "according to the Foundation's media office.

The Foundation explained that the country's daily oil production has lost 850,000 barrels and 710 million barrels

Libyan army forces have prevented the export of oil from the ports that are located in the country. he controls after announcing Monday the transfer of his administration to the parallel national institution in Benghazi.

[ad_2]
Source link