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FINANCIAL NEWS
Libya’s production of oil rose to 40 pct capacity
19 Sep 2013
(MENAFN) Production of crude oil rose to 40 percent capacity in Libya after the reopening of the western fields boosting the country’s exports, according to The Peninsula Qatar.
Two state National Oil Corp (NOC) officials reported that the country’s output increased by about 620,000 barrels per day.
The worst problem Libya faced in its main industry was the USD130 million daily cost in revenues during the strikes, according to the Libyan Prime Minister Ali Zeidan.
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