|07 February, 2020

Libya's oil production dropped to 181,576 barrels per day

The NOC statement said that the losses from the blockade amount to about $1.042bln

Image used for illustrative purpose. A general view of the El Sharara oilfield, Libya December 3, 2014.

Image used for illustrative purpose. A general view of the El Sharara oilfield, Libya December 3, 2014.

REUTERS/Ismail Zitouny

CAIRO - Libya's oil production had dropped to 181,576 barrels per day by Thursday, the National Oil Corporation (NOC) said in a statement on Friday.

Oil output in Libya has fallen since Jan. 18 because of a blockade of ports and fields by groups loyal to eastern-based commander Khalifa Haftar, falling to current levels from about 1.2 million bpd before the stoppage.

The NOC statement said that the losses from the blockade amount to about $1.042 billion.

(Reporting By Ahmed Tolba; Editing by Grant McCool) ((ahmed.tolba@thomsonreuters.com; +20223948100;))

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