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Libya says oil blockade has cost $5 billion in lost revenue

The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses.
A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. REUTERS/Esam Omran Al-Fetori - RC2K2F9QGT9E

Libya has lost nearly $5 billion in revenue due to a months-long oil blockade imposed by eastern-based forces, the country's national oil company said Thursday.  

For the past year, warlord Khalifa Hifter and his self-styled Libyan National Army have been fighting the internationally recognized Government of National Accord (GNA) for control of the capital, Tripoli. 

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