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Tuesday, April 23, 2024 17:6 GMT
The production, transportation and supply of oil and gas continues to be severely reduced due to the ongoing security situation across Libya. National Oil Corporation (NOC) confirmed a drop in production as a result of the blockade of ports and pipelines. The current level of production is 122,424 bpd, as of February 20. Forced restriction of production has resulted in financial losses US$1,857,677,138.The gasoline tanker Anwar Libya was given permission to re-enter the port of Tripoli yesterday, following its emergency departure on February 18 due to mortar strikes on the port. In a statement, the state-run firm said, “NOC renews its call for all illegal and irresponsible blockades to be lifted to allow NOC to resume production immediately, for the sake of Libya’s economy and people’s livelihoods.”NOC continues to supply hydrocarbons to the Central and Eastern regions in sufficient quantities to meet the transport and domestic needs of citizens. An LPG tanker is preparing to discharge at Benghazi port, while another diesel tanker arrived at the port this morning and will start discharging later. The city of Tobruk and the rest of the Eastern region is being supplied directly from Benghazi.“NOC strongly condemns the sale of fuel at more than ten times the regular price by distribution companies in the Southern regions. NOC calls on these companies to respect the agreed price,” the statement also said.As part of its commitment to transparency, NOC will continue to publish data on fuel stocks in the Central, Eastern and Southern regions as well as details of shipments, to inform citizens of fuel availability in their area.