Libya government says its losing 1.1mn barrels of oil output every day

News

A statement over the weekend from Libya’s Minister of Oil and Gas:

  • Libya is currently losing more than 1,100,000 barrels per day (bpd) of oil production
  • most of the oil fields are closed, except for the Hamada field and the Mellitah complex, while the Al-Wafa field continues operations from time to time.
  • “ … it appears that the closure instructions were issued by an official body, the Petroleum Facilities Guard in the closure areas”, Aoun said.

Not a lot more further detail at this stage.

libya 25 April 2022

Articles You May Like

Why I trade with a 1 to 1 risk/reward ratio… #shorts
🔴 These Settings NEVER FAIL! – This Strategy Makes Losing IMPOSSIBLE!
How to set up a trading account in 5 minutes #daytrader #trading
Exposing “The Best” Trading Strategy #forex #daytrading #trader #advice #forextrading #tips #smc
My Secret Trading Strategy I Trade Right After The Open

Leave a Reply

Your email address will not be published. Required fields are marked *