Libyan oil production nearing collapse, NOC - The Libyan Report

Libyan oil production nearing collapse, NOC

Libyan oil production nearing collapse, NOC Lowest level since Ghaddafi's fall in 2011

(ANSAmed) - ROME, JANUARY 23 - There is a risk in Libya that within a few days oil production will plummet to the lowest level since the fall of Muammar Ghaddafi in 2011. The warning came from the head of the Libya National Oil Company (NOC), Mustafa Sanalla, in an interview with the Financial Times. Due to a blockade on the terminals in eastern Libya as ordered by Khalifa Haftar, oil production may drop to 72,000 barrels per day, he said. Sanalla added that the situation is getting worse every day and that the blockades are ''illegal'' and should be lifted.

(ANSAmed).

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