North Africa

North Africa

Friday, March 29, 2013

North African Industries

Libyan Oil Industry 



Libya produced an estimated 1.65 million barrels per day. Libyan Oil and natural gas exports suffered a near-total disruption in the months of intense fighting to follow, as the minimal and sporadic oil producation that did occur was mostly consumed domestically. Nonetheless risks of security, state conesion, political institutions, industry oversight, etc. these are some of the problems still faces in libyan's oil industry. Upheaval has cut the 1.65 million barrel per day to 500,000 per day.

No comments:

Post a Comment