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Markets

Libya oil exports at 70 percent of 1.6mn output

Published September 24, 2012 Updated September 24, 2012 08:47am

crude-oilTRIPOLI: Libya's oil output has reached around 1.6 million barrels per day and exports are at around 70 percent of that figure, Libyan Oil Minister Abdulrahman Ben Yazza said on Monday.

"The challenge is to maintain and increase this production," Ben Yazza told an oil conference in Tripoli.

Asked about Libya's oil exports figures, he said: "Almost 70 percent of this production."

Copyright Reuters, 2012

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