Monday 16 September 2013

Libya and international oil groups pay the price for unrest - FT.com

Libya and international oil groups pay the price for unrest - FT.com:

"International oil companies are counting the cost of months of unrest in Libya that has reduced the country’s production to a trickle and cast renewed doubt on the attractiveness of the North African country for investment.
Militias and striking workers have combined to close a series of export terminals and oilfields, cutting output from 1.4m barrels a day at the start of the year, to less than 200,000 b/d today, according to analysts."

'via Blog this'

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