Libyan oil output shrinks more as oil tanks blaze


  • World
  • Tuesday, 30 Dec 2014

Smoke rises from an oil tank fire in Es Sider port December 26, 2014. REUTERS/Stringer

BENGHAZI, Libya (Reuters) - Libya's oil output has shrunk further after blazing oil tanks at a major terminal helped push world oil prices higher and put a strain on the country's dollar currency reserves.

Libya is surviving on a mere 128,000 barrels per day from fields connected to the eastern port of Hariga, an oil official said on Monday, while fighting halted the major ports Es Sider and Ras Lanuf.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

In Nigeria, anguish turns to anger for parents of kidnapped children
Video shows final, confused moments of survivors of U.S. boat strike in Caribbean, say sources
Deadly Sumatra flooding triggers memories of Indian Ocean tsunami
German parliament vote on pensions tests Merz's authority
Oprah Winfrey praises Australia's social media ban for children
Harvard professor arrested by US immigration agents after firing pellet gun near synagogue
US widens travel ban to more than 30 countries, Noem says
Somalis arrested in Minneapolis immigration operation, officials say
Honduras presidential candidate Nasralla says Trump’s interference damaged his election chances
Putin and Modi discuss trade, peace in New Delhi summit

Others Also Read