Libya oil production hit after armed group shuts pipeline valve

Economy

1 min read

Libya oil production hit after armed group shuts pipeline valve

AfricanewsAdded 33 hours ago

Libya's oil production has faced significant disruption due to an armed group shutting a valve on a key pipeline.

The National Oil Corporation (NOC) reported that this action has led to a noticeable drop in oil output, which is critical for the country's economy.

The ongoing instability in Libya continues to impact its vital oil sector, raising concerns about future production levels and economic recovery.

Read on Africanews