Browsing Tag

NOC

Sharara oilfield to reopen soon, official says

Libya's Sharara oilfield, the country's largest, will be reopened soon, the Head of the Petroleum Facilities Guards said on Saturday. Ali Al-Theib told a local TV Channel in Libya that work at the Sharara and El-Feel oilfields will be…

Libya’s NOC says power cuts are criminal and inhumane

The Libyan National Oil Corporation (NOC) confirmed in a statement on Saturday that the illegal closure of a gas pipeline which provides approximately 200 million cubic feet of gas daily to cement factories and to Al-Khoms and Misurata…

Libya has lost $1 billion in two weeks of oil blockade

The state-owned Libyan National Oil Corporation (NOC) on Friday said that the suspension of oil exports due to closure of oil fields and ports has caused a loss of more than 1 billion U.S. dollars so far. The country's daily oil…

10 days of oil blockade cost Libya over $502 million

Total losses from the closure of Libya’s major oil fields and production facilities has accelerated, reaching more than $502 million over a 10-day period, the country’s National Oil Corporation (NOC) said Tuesday. The oil closures came…