Libya oil output drops 70pc to 330,000 bpd
Tripoli, July 31, 2013
Libya's oil production has slumped by 70 per cent to 330,000 barrels a day as armed security guards shut down four export ports, Oil Minister Abdelbari Al-Arusi said Wednesday.
"Libya's production has fallen by 70 per cent," he told reporters, adding that the ports of Es Sider, Ras Lanuf, Marsa Al-Brega and Marsa Al-Hariga had been shut down. Only Zawiyah port was open.
Output was 1.4 million barrels a day on Monday. - Reuters
