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FinancialNews


  • 26-03-18

    Libya loses more than USD145 million after oil field shut down

    (MENAFN) The state-owned National Oil Corporation (NOC) declared that the shutdown of a dominant oil field in Libya has resulted in losing more than USD145 million dollars since one month.

    A senior official of the corporation confirmed that "Al-Fil oil field, which produces more than 70,000 barrels of oil per day,is still closed as production remains stopped for the second month,"

    Al-Fil was closed following the protest of the oil installation guards,who quit for an unpaid incomes.

    The official,whose identity remains unknown,added that no decisions were taken about the matter till now.

    MENAFN2603201800450000ID1096655978

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