Vienna-Libyan crude production has fallen around 400,000 b/d, or more than 40%, in recent days due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the National Oil Corp. said Tuesday. NOC declared force majeure Thursday on loadings from Es Sider and Ras Lanuf after armed clashes between rival militia groups at the key export terminals. An attack on Ras Lanuf destroyed two tanks and reduced its total capacity by 400,000 barrels to just 550,000 barrels, NOC said Monday.
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