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Thursday
20 Aug 2020

Libya to Export Only Oil Accumulated in Terminals, LNA Says

20 Aug 2020  by Sputnik   

Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be exported, Libyan National Army spokesman Major General Ahmad al-Mismari said.

"The opening of oil facilities means exportation of only what is in the tanks, the oil produced at deposits will not be exported", al-Mismari said during his weekly press conference.

Most of Libya's oil fields and ports have been closed since January due to the blocking of oil facilities by the LNA commander's order.

The Libyan National Oil Corporation announced on 10 June that it was blocking the country's largest field, Sharara, again hours after it resumed operations. According to the Corporation, the budget losses caused by the stop of oil production in Libya exceed $6 billion.

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