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).
The Central Bank of Libya announced that the total Libyan oil revenue recorded $1.3 billion in the first quarter of the year (Q1).
The Eastern Libyan National Army (LNA), following Libyan Commander Khalifa Haftar, took over the closed Sharara oilfield on February 6.
Libya’s Sharara Oilfield will not be reopened again, after being closed for a month, until the groups occupying the field leave.
Libyan Es Sider Port has reopened again after being closed because of the bad weather that hit the country.
All eastern oil ports in Libya closed because of the bad weather hitting the country with no clear clue about its impact on oil production.
Libyan largest oil field Sharara field may lose around 8,500 barrels per day (b/d) of crude because of looting.
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