Monday, September 16, 2013

Libya Oil Production Dropping Amid Protests At Export Terminals And Oil Fields Across The Country getdiscountz.blogspot.com

Written By Unknown; About: Libya Oil Production Dropping Amid Protests At Export Terminals And Oil Fields Across The Country getdiscountz.blogspot.com on Monday, September 16, 2013

getdiscountz.blogspot.com ® Libya Oil Production Dropping Amid Protests At Export Terminals And Oil Fields Across The Country

Libya is losing $130 million a day in oil revenue due to protests at large export terminals and oil fields across the country, Libya’s prime minister said Friday.




Arrest warrants have been issued by the Libyan government for the organizers of the strikes in hopes to break up the civil strife and return regular output.


“I won’t let anyone hold Libya and its resources hostage to these groups for long,” Ali Zeidan, prime minister of Libya said, according to Reuters.


Libya’s oil production has fallen from 1.6 million to 200,000 to 300,00 barrels of oil a day due to oil strikes as well as attacks on critical infrastructure.


"I am not threatening, but…these people must calculate what they are doing, so when action takes place everyone will understand why but I hope we won't be forced to do something that we don't want.



Libya Oil Production Dropping Amid Protests At Export Terminals And Oil Fields Across The Country

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