LIBYA

Libya Maintains High Crude Oil Production despite US Pressure

Libya has continued to maintain its high crude oil production despite diplomatic pressure by the US on its European allies to cut their Siftings of Libyan crude and products. MEES understands that Libyan crude oil production in July averaged 1.16mn b/d (as against its OPEC quota of 990,000 b/d) broken down as follows: Oasis/NOC, 400,000 b/d; Ageco/Umm al-Jawabi (NOC for Sarir and Anna crudes), 300,000 b/d; Sirte (NOC,...