NOC Chief Announces Huge Losses Due to Illegal Closures of Oil Facilities


Mustafa Sanalla, the Chairman of the Libyan National Oil Corporation (NOC), stated that the country had suffered huge losses during the first quarter of 2020 due to the illegal closures of oil facilities.

In a statement, Sanalla said that the closure of these facilities would allow stagnant oil and salt water to erode the transport pipes, costing the state millions in repairs after the end of the crisis.

“The decrease in revenues will delay government investments in public services and will hinder efforts to advance the national economy,” he added, warning that Libyans across the country would be affected by these closures.