The Libyan National Oil Corporation (NOC) on Tuesday said that the suspension of oil exports after the closure of the oil fields and ports has caused losses of more than 4 billion U.S. dollars so far.
"Total oil production inside Libya is down to 80,510 barrels a day, as of Monday, April 13, 2020. The forced restriction of oil and gas production has caused financial losses exceeding 4,087,913,653 U.S. dollars since January 17, 2020," the NOC said in a statement.
Tribal leaders in eastern Libya in January closed the oil ports and fields, accusing the UN-backed government of using oil revenues to support the armed groups against the eastern-based army.
"NOC calls on all parties to lift the blockade and re-start oil and gas production, so every Libyan can benefit from a more steady supply of fuels and a stronger economy," the statement said.
The eastern-based army and the rival UN-backed government have been fighting for control over the capital Tripoli since April 2019. The armed conflict have killed and injured many civilians and also displaced more than 150,000 people from their homes.
Despite the UN's call for a cease-fire to allow authorities to respond to the threat of COVID-19, the deadly armed conflict continues in and around Tripoli.
Editor:Cherie
