LIBYA - Part 3 - Exports & Logistics:.

APS Review Oil Market Trends | July 16, 2001 | Copyright

Libya is exporting about 1m b/d of crude oil and 150,000-170,000 b/d of refined petroleum products. The volumes have declined from 1.1m b/d of crude oil and 205,000 b/d of refined products in mid-1997. The country has all the logistics required to maintain its market shares, with exports of high quality oil expected to increase in the coming years.

In OPEC, Libya is among price hawks lobbying for an average price of $25/b for OPEC's basket of seven crudes to be strongly defended. At OPEC's ministerial conference in Vienna on July 3-4, the members decided to keep ...

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