Eni’s joint venture with the Libyan National Oil Corporation is losing 155,000 barrels of oil per day of production because of the continued blockade of oil export terminals and fields, according to NOC, as quoted by Reuters. Mellitah Oil and Gas as the joint venture is called operates the El Feel and Abu Attifel fields, both of which have been shut down following the blockade. Adding the loss of daily gas production, NOC said, Mellitah is incurring losses of $9.4 million in revenues on a daily basis. Earlier this week, NOC’s Mustafa Sanalla warned that Libyan oil production could stop completely if the blockade continued. A group of paramilitary formations affiliated with General Khalifa Haftar’s Libyan National Army occupied the export terminals last week along with pipelines and fields. The blockade came amid continued fighting between the LNA, which is loyal to the eastern Libyan government and the forces […]