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Libyan crude oil output plummets by 75 percent

LONDON — Libya's oil production has dropped by at least 75 percent amid the current revolt.


Italy's Eni, a leading energy developer, said Libya's crude oil output decreased by 75 percent this month, Middle East Newsline reported. As a result, Libya was producing no more than 75,000 barrels per day.

"There's a sense of general insecurity," Eni chief executive officer Paolo Scaroni said.

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Foreign energy developers and operators have reported attacks on their facilities throughout Libya. The state-owned China National Petroleum Corp. said several projects in Libya were targeted and that many of its employees were evacuated.

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