CLEAN : Libya oil company chief appeals for state investment

The video discusses the challenging conditions faced in 2021, highlighting financial struggles and significant debt. Despite budget constraints, oil production was maintained at a steady rate. The video also outlines future plans and the challenges of maintaining aging infrastructure in the oil fields.

What was the total debt at the beginning of 2021?

• 2.953.941 million Libyan Dinars

• 746 million Libyan Dinars

• 136 million US Dollars

• 1.206.000 barrels

What percentage of the required budget was available for oil production in 2021?

• 11%

• 75%

• 50%

• 25%

What was the average oil production rate maintained in 2021?

• 1.500.000 barrels

• 1.206.000 barrels

• 1.000.000 barrels

• 1.300.000 barrels

What is a major challenge faced by the oil fields?

• Environmental regulations

• High transportation costs

• Lack of skilled labor

• Aging infrastructure

What is the age of some of the equipment used in the oil fields?

• 80 years

• 60 years

• 40 years

• 20 years