Blockade | Egypt Oil & Gas

Libya Records $4 Billion Losses of Oil Revenue Since January

A blockade of oil and gas facilities in Libya has resulted in severe financial losses totalling $4,087,913,653 since mid January.

Libya’s Oil Revenues Decline to $1.3 B in Q1

The Central Bank of Libya announced that the total Libyan oil revenue recorded $1.3 billion in the first quarter of the year (Q1).

UN Envoy to Libya Proposes EU Naval Blockade of Oil from the Country

The EU is discussing the possibility of setting up a naval blockade of crisis-plagued Libya. The move could help to control oil exports, stem the movement of weapons fueling the conflict, and prevent the flood of ref ...

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