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Bloomberg: Libyan Oil Exports Double Despite Imposed Restrictions

Bloomberg reported today that Libya’s oil exports increased last week, even though authorities in the east of the country have not lifted restrictions on flows.

According to Bloomberg, the average shipments of Libyan crude oil and condensates reached 719,000 barrels per day between September 13 and September 19, based on tanker tracking data, up from 314,000 barrels per day in the previous seven days.

The report noted that oil shipments continue to flow from Libya despite the export restrictions amid the ongoing political crisis, which has led to a decline in the country’s production.

However, the average shipments remain below the one million barrels per day that were being exported before the onset of the crisis, according to the agency.

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