Libya to begin exporting oil in 10 days
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Libya will begin exporting crude oil from the eastern port of Tobruk within ten days and could be producing 1 million barrels per day (bpd) within six months, the chairman of the National Oil Corporation (NOC) told Reuters on Wednesday.
The North African country badly needs revenues from its main industry to fund reconstruction after a nearly seven-month war, with violent clashes continuing between interim leaders and forces loyal to deposed leader Muammar Gaddafi. (Reuters)