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Libya Oil Production - Page 2

Libya's budget income falls sharply as oil prices plunge:

Libya's budget income fell to around $15 billion in the period from January to November from $45 billion a year before, the central bank said on Monday. Ref. Source 7

Production Oil Libya

Libya: Fighting closes largest oil export terminal:

The minister of oil in Libya's Tripoli-based government says the country's largest oil shipping terminal has been shut down due to clashes between rival militias. Ref. Source 7

Libya Oil Production History & Civil Business Politics

5 people killed as Libyan troops clash over oil ports Ras Lanuf and Sidra:

Rival Libyan troops have clashed over two of the country's main oil terminals for a second day, leading to their closure. Forces allied to the Libya Dawn movement, which controls the capital Tripoli and most of western Libya, launched a surprise assault on the oil facilities on Saturday. Ref. Source 7

Page 2 Production Oil Libya

22 Libya soldiers killed in speedboat attack on oil ports:

Islamists killed at least 22 soldiers on Thursday after a surprise attack in which they used speedboats in a failed bid to seize some of Libya's main oil terminals, officials said. Ref. Source 4

Production Oil Libya

Militants attack Libyan oilfield, 11 guards dead:

Militant gunmen attacked Libya's Al Ghani oilfield, killing 11 guards, beheading some of them, before local forces fought back to retake control, an oil security official said. Ref. Source 1

Libya Oil Production

Warnings on Libya government move to divert oil revenues;

Libya's internationally recognised government has moved to divert revenues from the long-established state oil company and Central Bank to its own coffers -- in an effort experts warn is "Risky" And likely to fail. Ref. Source 5

Libya Oil Production - Page 2

Libyan forces loyal to Khalifa Haftar attack oil ports: witness:

A port engineer confirmed that Haftar's forces had entered the oil ports of Ras Lanuf and El Sider, Libya's largest, and said one of the storage tanks at Es Sider had been set alight in the clashes. Ref. Source 9f.

Libya Oil Production Politics Business Civil & History - Page 2

I am sorry to see the fighting in the oil ports but as another stated "Control the oil control the land". Here in the midwest the cost of gas went down last week. Which happened after it was announced that there was an oil find in Texas of billions of gallons.

With Libya's oil production being lowered still I wonder what affect will this have on the world?