Conflicts in Libya extend, threatening oil output
According to media reports, the Mellitah oil port, operated as a joint venture between Italy’s ENI and the NOC, is under risk due to nearby fighting and protests. Fighting may lead to a halt in gas exports to Italy and cut oil production to an amount less than the needs of Libya’s domestic market.
Previously, because of ongoing armed clashes, NOC declared force majeure on oil output from the Es Sider and Ras Lanuf oil ports, which have a combined capacity of 560,000 barrels a day.
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