# The 2020 oil blockade caused billions of dollars in lost Libyan revenue

Date: 2020

NOC reported that the six-month blockade had caused more than six billion dollars in lost production and damaged reservoirs and infrastructure. The economic cost demonstrated the national-scale leverage produced by eastern military control over oil sites.

## Drivers

- Haftar LNA parallel power, Tripoli offensive and oil coercion: https://factrail.ai/drivers/haftar-lna-parallel-power

## Sources

- https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/071320-libyas-oil-exports-face-setback-as-blockade-resumes-noc-singles-out-uae
- https://noc.ly/en/noc-lifts-force-majeure-on-oil-exports-but-technical-problems-will-keep-production-low/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/libya-oil-blockade-losses-2020