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60% drop in Libyan oil production

The National Oil Company of Libya announced a 63% drop in oil production in the country following the suspension of oil fields.

report Mehr News Agency quoted by Reuters, the National Oil Company of Libya announced on Friday (September 9th) that the cessation of activity in the Libyan oil fields due to the differences between the western and eastern governments caused a 63% drop in total production. It has become the oil of this country.

The suspension of production facilities in the Libyan oil field has spread throughout the country, and the leaders of the government based in the east ( Benghazi) asked the government officials located in the west (Tribals) to back off regarding the replacement of the head of the central bank.

The crisis of control of the Central Bank of Libya has marked a new difference between the eastern and western factions of this country, which are supported by Turkey and Russia, so that the supply of oil, this The North African country threatens the member of the Organization of Petroleum Exporting Countries (OPEC).

The National Oil Company of Libya, emphasizing that the oil industry is the vital artery of the Libyan economy, announced: resuming production in closed oil field facilities requires huge costs and technical efforts. It is double.

According to the announcement of the National Oil Company of Libya, the reasons for stopping the operation of the Libyan oil fields have nothing to do with this company, and technical groups are evaluating the losses caused by the shutdown.

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The National Oil Company of Libya has stated in its statement that the multiple shutdowns have resulted in the loss of a large part of Libya’s oil production and damage to the infrastructure of this sector and the loss of efforts to increase Production has led.

Eastern government officials have promised that until the Presidential Council and National Unity Government in Tripoli, Sadegh Al-Kabeer, return the head of the central bank to his position, they will stop the production in the Libyan oil fields.

Mohammed Al Manfi, the head of the Presidential Council in Tripoli, recently made a decision to replace Sadegh Al-Kabeer, the head of the central bank and the board of directors, had issued that the parliament of the east rejected it.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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