Libya – Oil production decline worsens Libyan economy

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Benghazi – Libya 13/09/2018

The continuous Battles between the different Libyan brigades led to the closure of many oil ports and fields oil in the oil Crescent area resulting in the decline in oil production during the past few months to below 500 thousand barrels per day, after production of Libya reached more than 600 a barrel per day. This reflected negatively on the National economy in general after the decline of oil revenues the country.

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