Libyan output plunges after clashes at key ports

摘要

Dubai-Libya’s National Oil Corp. has declared force majeure on crude oil loadings out of the eastern oil terminals of Es Sider and Ras Lanuf after armed clashes around the facilities Thursday, according to a copy of a letter to customers seen by S&P Global Platts. Libya’s oil production has slumped 240,000 b/d, roughly 25%, as clashes between rival militia groups halted crude oil loadings from these two key eastern oil ports, National Oil Corp. said earlier in the day.