Libya’s crude exports have fallen to just 160,000 barrels a day, down from 260,000 barrels a day just a week ago.

The head of the Ministry of Oil press office, Tarek Didaa, told the Libya Herald  that strikes by workers have now idled most fields operated by the Benghazi-based Arabian Gulf Oil Company “and most of the country’s oil export terminals are not working.”

He said only two oil ports are still functioning —  Zawia and Al-Hariga, near Tobruk.

Deputy Oil Minister Omar Shakmak announced last week that Hariga was exporting again. That announcement turned out to be false, according to the terminal’s director, Yassin Hamad.

Hamad said strikes by the Petroleum Facilities Guard over pay and conditions were continuing.

The civil unrest has also impacted crude production, which has fallen from 1.6 million barrels a day to around 700,000 barrels a day.

Companies operating in Libya include Royal Dutch Shell Plc, Marathon Oil Corp., Hess Corp. and ConocoPhillips.

Source: Libya Herald


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