Libyan Oil Output Cut in Half by Strikes, Disruption

The Libyan oil industry is in the midst of its worst crisis since the 2011 civil war because of lawlessness and strikes at major petroleum facilities.
In the latest disruption, security guards re-imposed a strike they called off over the weekend, forcing the closure of Libya’s two main crude oil export terminals. Operations had resumed on Sunday at the ports of Es Sider and Ras Lanuf after a two-week stoppage. The two ports have a combined export capacity of around 600,000 barrels per …

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