Libya May Lose 850,000bpd Of Oil Output From Port Blockade Says NOC

A general view shows the port in the northern oil rich Libyan town of al-Buraqah (AFP)

Libya could lose up to 850,000 bpd of its crude oil production - nearly 90% of total output - if the blockade of its eastern oil export terminals is not lifted, state-owned National Oil Corporation warned on Sunday.

In a statement, the oil agency of the internationally recognised government in Tripoli said it could not guarantee oil exports from Libya.

A self-styled army in the eastern region has for the last week blocked exports after armed clashes between rival factions over oil terminals at Es Sidra and Ras Lanouf.





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