Libya’s oil production recovered to more than 1mn b/d in mid-August following a collapse to just 400,000 b/d early in July. The reopening of key export terminals in the east of the country has enabled a resumption of production from oil fields in the Sirte basin (MEES, 13 July). Output has been edging up since outages to Oil Crescent terminals in late June and early July were resolved last month. Production was up to around 850,000 b/d by 10 August, 900,000 b/d by 14 August and 1mn b/d...
Libya: Fractured Institutions Fail To Distribute Oil Revenue Gains
Published on Fri, 24 Aug 2018 - Volume: 61 Issue: 34Print
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