Published 2 years ago

Libya is losing $60m a day in oil shutdown: Oil minister

Summary by Ground News

Libya's two major export terminals and several oil fields have been held hostage to the country's latest political schism. Production has fallen by about 600,000 barrels a day, half of the prior level. Analysts say eastern Libyan forces who back Bashagha have forced the closure of the oil facilities.

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Al Jazeera

Libya is losing $60m a day in oil shutdown: Oil minister

Oil is the lifeblood of the North African country trying to move past a decade of conflict.

2 years ago·Qatar

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Al Arabiya

Libya losing $60 million a day in oil shutdown: Minister

Libya is losing tens of millions of dollars a day from the shutdown of its oil facilities, while global prices are at their highest in years, the country’s

2 years ago·Saudi Arabia

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The Citizen

Libya losing $60 million a day in oil shutdown - minister

Analysts say eastern Libyan forces who back Bashagha have forced the closure of the oil facilities in a bid to press Dbeibah to step down.

2 years ago·South Africa

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Al-Monitor

Libya losing $60 million a day in oil shutdown: minister

Libya is losing tens of millions of dollars a day from the shutdown of its oil facilities, while global prices are at their highest in years, the country's oil minister told AFP.Oil is the lifeblood of the North African country trying to move past a decade of conflict since the fall of dictator Moamer Kadhafi in a 2011 NATO-backed uprising. But since mid-April Libya's two major export terminals and several oil fields have been held hostage to th…

2 years ago·Washington, United States

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The New Arab

Libya losing $60 million a day in oil shutdown: minister

Eastern Libyan forces who back new Prime Minister Fathi Bashagha have forced the closure of the oil facilities in a bid to press Tripoli-based interim Prime Minister Abdulhamid Dbeibah to step down, analysts say.

2 years ago·London, United Kingdom

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