When you need to know
OPEC is to exempt Libya from a plan to slow down oil production for a period of two months, starting next May, due to the production lost through the closure of ports and fields by pro-Haftar militias east of Libya.
Read more
The National Oil Corporation (NOC) said on Thursday that the shutdown of oil exports by Haftar's militias has made losses of almost 3.9 billion USD.
Read more
The National Oil Corporation (NOC) is to implement biting austerity measures in light of the continuing closure of major oil ports by Haftar's militias, while the NOC head, Mustafa Sanallah, has renewed his demand to r
Read more
The Libyan Central Bank has announced that Libya has lost over 2.7 billion dollars since the January 18 oil blockade, adding in a statement that February revenue amounts to 380 million dinars.
Read more
The Ministry of Finance has said that Libya’s foreign currency reserves will continue to diminish from 77 billion dollars in October 2019 to 63 billion dollars if the closure of oil installations and ports continues until next J
Read more
The National Oil Corporation (NOC) declared in a statement Tuesday that it was very concerned about possible fuel shortages having lost local production and the closure of the Zawia refinery.
Read more
The National Oil Corporation of Libya (NOC), has announced that their calculated loss of income as a direct result of closures attributed to Haftar loyalists is now set at two billion and one million dollars since force majeure
Read more
Zawiya Oil Refining Company halted its oil refining operations on Sunday due to the lack of crude supplies.
Read more