Civil war: Oil blockade in Libya causes millions in losses

Civil war: Oil blockade in Libya causes millions in losses

The closure of important oil fields, which lasted several days, caused a loss of more than 230 million euros. The raw material causes conflicts in the civil war country.                       Oil production in Libya                 Due to the closure of many fields, oil production has now dropped to less than a quarter of the usual production volume.                  (Photo: Wintershall Holding GmbH)                   Cairo The days-long blockade of important oil fields and production facilities in Libya has officially led to a loss of the equivalent of more than 230 million euros. Because of the “illegal” closure of the plants, oil production was in the six days until 23. January fell from 1.2 million barrels a day to 320 154 barrels a day, the state-owned oil company NOC announced on Saturday. Oil is available in most regions, the company said to Libyan citizens. Enough supplies were stored in the center and east of the country. ap
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