Libya's Crude Oil Production Falls Due to Militia Clashes: NOC

published:20/06/2018 07:07 GMT

Libyan crude production has fallen around 400,000 b/d -- or nearly halved -- due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the country’s National Oil Corp. said Tuesday. Militants are still present at the two terminals "for sure," hampering NOC's efforts to extinguish the fires raging in Ras Lanuf, where two crude storage tanks have been destroyed, Mustafa Sanalla said on arrival in Vienna, ahead of Friday's OPEC meeting. "We are in a difficult...More