NO. 25



Libya Ends Production Test Program, Says Shakshuki

Libya terminated on 15 March the production test program which it started atbeginning of January, according to Mr. Fawzi Shakshuki, the Secretary of Oil, inan interview with MEES. The reason given for the stoppage is the country'sinterest in defending the price of oil in the light of the recent price drop.Average Libyan production during the past two and a half months was approximately 1.65mn b/d. Storage in...