Libya Ramps Up Oil Exports as Output Nears 300,000 Barrels a Day
The Brega oil port in Masra Brega, Libya.
Photographer: -/AFP via Getty Images
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Libya’s oil output has risen to 295,000 barrels following a truce in the OPEC nation’s civil war and the lifting of a blockade on energy facilities.
Fields that feed the newly restarted eastern ports of Hariga, Brega and Zueitina are ramping up production, according to a person with knowledge of the situation. Output was 250,000 barrels a day a week ago and will rise further as ships dock and load crude from storage tanks, allowing fields to pump more, the person said.