By Libya Herald reporters.
Tripoli, 18 December 2014:
Figures released by the National Oil Corporation show that oil output plunged by some two-thirds . . .[restrict]during November and now stands at 330,000 b/d.
At the start of the month production has been nearer 1 million b/d. Then came the occupation of the Sharara field by Misratan and Tuareg militia which shut in 350,000 b/d of output. This was followed by the closure of the 130,000 b/d El Fil field because of power failures. The Misratan drive toward the oil export terminals at Es Sidra and Ras Lanuf, caused the former to be closed, while it is unclear if there are now any liftings from the latter.
Today, NOC published a statement on its web site, repeating that it is independent of the conflict between the Thinni government in Beida and the Hassi antigovernment in Tripoli, where NOC is headquartered. It also stressed that it is the only legitimate seller of Libyan oil and gas.
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