Middle East Economic Survey

VOL. LIV

No 11

14-Mar-2011

Qadhafi Batters Oil Infrastructure, Sanctions Net Tightens

Forces loyal to Libyan leader Col Mu'ammar al-Qadhafi have bombed oil ports and infrastructure being held by rebels. As MEES went to press, some minor production was continuing but virtually all Libyan crude exports appeared to have ground to a halt. Battles have raged round key oil ports such as Sider and Zawiya as the country descends into civil war.

A couple of cargoes were...