Libya's Warring Factions Putting 95% of Oil Production at Risk: NOC Head

published:19/05/2019 07:19 GMT

Armed conflict between groups vying for control of Libya is putting the country's lifeblood oil and gas industry at risk of almost total collapse, just as production is beginning to recover from years of war, the head of the country's state oil company said Saturday. Libya is currently pumping almost 1.3 million b/d, National Oil Corporation Chairman Mustafa Sanalla told reporters. While production and exports have so far been unaffected by the recent escalation in fighting between the...More