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Libya's NOC chief says instability could lead to 95pc oil production loss
JEDDAH: Libya's National Oil Corporation (NOC) chief said on Saturday continued instability in Libya could make it l
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 said an attack had happened near Zella oilfield earlier on Saturday.
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