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Dubai News Club > Africa > Libya’s oil industry is in disarray just as the world needs it more than ever
Africa

Libya’s oil industry is in disarray just as the world needs it more than ever

Press Room
Last updated: 2022/06/20
Press Room Published June 20, 2022
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Libya’s oil industry is in disarray just as the world needs it more than ever
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The Libyan oil ministry told CNN on Wednesday that production had shrunk to a near halt in June, to 100,000 barrels per day (bpd) from 1.2 million bpd last year. But on Monday, oil minister Mohamed Oun told CNN that production had climbed up to 800,000 barrels a day, saying some fields had come back online.

The US ambassador to Libya, Richard Norland, told CNN on Thursday that due to the country’s political tensions “there are certain parties who seek to gain advantage by misrepresenting oil…

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