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Public Information Bulletin – 12/03/2020
This official notice summarises the situation across Libya for the oil and gas sector. Please beware of disinformation regarding the current fuel situation, published by non-NOC sources. This report is the only source of accurate and updated information.
NOC is concerned about a likely fuel shortage in the near future after the forced reduction of local production, the Zawiya refinery shut down and the lack of government funding to import sufficient fuel to serve the basic needs of Libyans. All this is a result of the illegal blockade of oil facilities.
We call on those responsible for the closure to immediately lift the imposed blockade and spare oil sector workers and citizens from more suffering. We call on the rest of the state’s bodies to maintain the remaining reserves and reduce their expenses as well.
Oil and gas production in Libya have been consistently down. The current levels of production are 97,508 barrels a day, as of Wednesday March 11, 2020. Forced restriction of production has resulted in financial losses exceeding 3,086,823,264 USD since January 17, 2020.
For now, NOC continues to supply hydrocarbons to all regions in sufficient quantities to meet the transport and domestic needs of citizens. However, some fuel storage levels are running low and next week some areas are at risk of shortages if the government does not make the required financial transfers for the fuel account.
An LPG tanker finished discharging at the Benghazi port yesterday March 11, 2020, while another gasoline tanker is preparing to discharge later. The city of Tobruk and the rest of the Eastern region is being supplied directly from Benghazi.
Tripoli storage depots and some of the surrounding areas and Southern regions are suffering from a lack of supplies due to the deteriorating security conditions. The city of Tripoli is supplied with hydrocarbons directly from the Tripoli port.
As part of its commitment to transparency, the NOC will continue to publish data on fuel stocks in Libya as well as details of shipments, to inform citizens of fuel availability in their area.
For more information about NOC activity please visit the NOC Facebook page.