BBC News - Why gunmen have turned off Libya's oil taps

BBC News - Why gunmen have turned off Libya's oil taps:

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Armed groups in Libya are currently blocking key oilfields - hijacking the government of its main source of revenue and leading to some fuel shortages and blackouts.

Billions of dollars have been lost over the last few months as oil production has plummeted, costing about $130m (£82m) a day.

Earlier this year, Libya was producing at least 1.5 million barrels of oil per day; last week a little more than 100,000 were pumped a day - a figure which officials say has gone up to 263,000 this week."

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