Registration was successful!
Please follow the link from the email sent to

Libya Producing 1 Million Barrels of Oil Per Day as Country Remains in Chaos

© REUTERS / Esam Omran Al-FetoriLibyan forces loyal to eastern commander Khalifa Haftar ride a pickup truck at the Zueitina oil terminal in Zueitina, west of Benghazi, Libya. file photo
Libyan forces loyal to eastern commander Khalifa Haftar ride a pickup truck at the Zueitina oil terminal in Zueitina, west of Benghazi, Libya. file photo - Sputnik International
Subscribe
NATO-backed rebels killed Colonel Muammar Gaddafi and toppled his regime in late 2011, as part of the wider so-called “Arab Spring.” Almost seven years on, the country is ramping up its oil exports, but remains divided between opposing militant factions.

Libya is producing around 1.05 million barrels of per day (bpd) of oil, with much of it being exported abroad, primarily to Europe, the Reuters news agency reported on April 6, citing a source in Libya’s oil industry.  

Libya, which is a member of the Organization of the Petroleum Exporting Countries (OPEC), has the largest proven oil reserves in Africa. The country’s oil output has been subject to fluctuations, as the local industry has underdeveloped upstream infrastructure.

The French pilot of an Air Force Mirage 2000 jet fighter prepares to take off for a mission to Libya, at Solenzara 126 Air Base, on Corsica Island. (File) - Sputnik International
Guilt Trip: Was Intervention in Libya Sarkozy's Bid to Hide Campaign Funding?
A number of Libyan oil fields and facilities aren’t operational due to strikes by workers and technical failures, but oil companies operating in many parts of the country are continuing to extract and export oil.

Many parts of the north African state are still witnessing violent clashes between warring rebel groups.

After Gaddafi was toppled, the slave trade made a return, and various human rights groups are still reporting of widespread torture by numerous rebel groups, including those who were directly supported by the NATO-led coalition.

READ MORE: Modern-Day Libya: Slave Markets, Executions and Torture – UN

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала