17.02.2020, 10:11
EU Said That Libya Is Losing $ 60 Million a Day due to the Oil Embargo
Source: OREANDA-NEWS
OREANDA-NEWS. The European oil embargo is weakening the Libyan economy, which is losing $ 60 million a day due to the inability to sell hydrocarbons to the EU. This was announced on Monday by EU High Representative for Foreign Affairs and Security Policy, Josep Borrel, upon arrival at a meeting of the community’s foreign ministers.
"The oil embargo weakens the Libyan economy, which is losing $ 60 million a day due to the inability to sell oil in the EU. All EU assistance provided to this country is 600 million euros, which is equivalent to 10 days of oil sales", he said, noting that a "very, very bad" situation has developed in Libya, and the ceasefire is being violated everywhere.
Earlier it was reported that Libyan tribes and local public organizations in eastern Libya called for the closure of oil terminals in protest against the actions of the government of national consensus in Tripoli.
"The oil embargo weakens the Libyan economy, which is losing $ 60 million a day due to the inability to sell oil in the EU. All EU assistance provided to this country is 600 million euros, which is equivalent to 10 days of oil sales", he said, noting that a "very, very bad" situation has developed in Libya, and the ceasefire is being violated everywhere.
Earlier it was reported that Libyan tribes and local public organizations in eastern Libya called for the closure of oil terminals in protest against the actions of the government of national consensus in Tripoli.
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