Libya is losing tens of millions of dollars a day from the shutdown of its oil facilities, while global prices are at their highest in years, the country’s oil minister told AFP.
“Production has fallen by about 600,000 barrels a day,” half of the prior level, Minister of Oil and Gas Mohamed Aoun said in an interview with AFP at his office in Tripoli.
“Calculating the sale price at $100 a barrel, losses are at least $60 million daily,” he said.
On the political dimensions of the shutdown, Aoun limited himself to saying: “Apparently, those calling for the closure say they have claims for development of their regions.”