NOC: Losses due to closure of oil facilities exceed $5 billion

Alwasat - Cairo Sun 31 May 2020, 07:20 PM
alwasat radio

Libya's National Oil Corporation (NOC) announced that the losses resulting from the closure of its ports and oil facilites exceeded the five billion mark, now at $5.026 billion.

The NOC said in a statement that these sums could have been used to confront the coronavirus, pay the salaries of employees, perform maintenance of schools, hospitals and destroyed infrastructure.

The NOC concluded that continued closings will cause a major economic disaster.

Related Topics