Libya will face a financial crisis and a budget deficit in 2020 because of a blo...
FILE PHOTO: Libya's internationally recognized Prime Minister Fayez al-Serraj is seen during an interview with Reuters at his office in Tripoli, Libya June 16, 2019. Picture taken June 16, 2019. REUTERS/Ulf Laessing
The North African country’s oil output has fallen sharply since Jan. 18 when the blockade started. State-run National Oil Corporation said on Thursday crude output had dropped to 163,684 barrels per day. Serraj echoed the NOC figures, saying that the country had lost more than $1.4 billion since the start of the blockade.
Fighting has continued despite a call for a truce by Russia and Turkey starting on Jan. 12 and an international summit on Libya in Berlin on Jan. 19 aimed at reducing international interference.
Norge Siste Nytt, Norge Overskrifter
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