Protests are costing Libya 250,000 barrels a day of lost output--over 15% of its production capacity, the country's oil minister was quoted as saying Monday.
Protests are costing
Libya
250,000 barrels a day of lost output--over 15% of its production capacity, the
country's oil minister was quoted as saying Monday.
The disclosure comes after clashes left 31 people dead over the weekend in the
eastern city of
Benghazi
,
underlining the security chaos in
Libya
.
"
Libya
has
been affected by sit-ins to stop production, leading to a deficit of 250,000
barrels per day,"
Libya
's
state news agency LANA quoted
Libya
's oil
minister Abdel-Bari al-Arousi as saying. He said the loss was tied to protests
at the oil terminals of Zueitina and Tobruk in the East of the country, and at
the El Feel oil field, in the South, which is operated by
Libya
's
National Oil Co. and
Italy
's Eni
SpA (E, ENI.MI).
Earlier in the day,
Libya
's
deputy oil minister Omar Shakmak said
Libya
's oil
production had fallen to its lowest level since January 2012. He added late
Monday that crude oil production now stands at 1.115 million barrels a day
because of the protests.
Libya
has
struggled with unrest since longtime dictator Moammar Gadhafi was deposed in
the civil war in late 2011. An estimated 31 people died over the weekend in
Benghazi
after
protesters stormed a base belonging to militias. The protesters were demanding
that the militias leave their camp and submit to the full authority of
Libya
's
security forces.
Libya
's
army chief of staff resigned Sunday following the tragedy as an elite military
unit took control of a base of pro-government militias. The episode comes nine
months after an attack against the
U.S.
consulate in the same city last year killed U.S. Ambassador Christopher Stevens
and three other Americans.
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