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Libyan Parliament Speaker: We will open up oil fields on the condition that the mechanism for distributing oil revenues is established in a fair way

The Speaker of the Libyan Parliament, Aguila Saleh, during a meeting with the US Ambassador to Libya, Richard Donald, said that “oil fields will be opened on the condition that a fair mechanism for distributing oil revenues is established in all Libyan regions. “

Earlier, Mohamed Aoun, Libya’s oil minister in the government of national unity, said “his country is losing more than $60 million a day due to the forced closure of a number of oil facilities”, noting that “oil production has fallen to about 600,000 barrels per day, or Half of the daily production of 1.2 million barrels per day, as a result of a wave of forced closures of a number of oil facilities, which prompted the State Oil Corporation from mid-April to declare “force majeure” and suspend the operation of two important ports in the east, continuing to close 6 fields in the south and east of the country.

The United States of America expressed its “grave concern” about the closure and called for its “immediate end”, given that “the stoppage of production is a hasty move that harms Libyans and undermines international confidence in Libya as a participant in the global economy.”

Source: El Iktisad

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