Libya’s NOC chief says instability could lead to 95% oil production loss

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Sat, 2019-05-18 15:57

JEDDAH: Libya's National Oil Corporation (NOC) chief said on Saturday continued instability in Libya could make it lose 95% of its oil production.

"Unfortunately if the situation will continue like this I’m afraid that maybe 95% of production will be lost," Mustafa Sanalla told reporters in Jeddah ahead of a ministerial panel gathering on Sunday of top OPEC and non-OPEC producers.

Sanalla also said an attack had happened near Zella oilfield earlier on Saturday.

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from ArabNews http://bit.ly/2VNtXJg
via Latest News of Dubai

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