A report by the Goldman Sachs Group asserted that rebel oil exports
could increase to as much as 355,000 barrels per day, Middle East Newsline reported. Goldman said
rebel-held areas, despite shelling by forces loyal to Col. Moammar Gadhafi,
contain sufficient infrastructure for a sharp rise in exports.
"The opposition forces could resume about 200,000 barrels per day of
crude exports as some fields and their related export terminals are largely
report said. "A further 155,000 barrels per day could potentially be
exported at a later
stage from a second loading port under their control."
Also In This Edition
The report said Libyan oil exports could further increase to 585,000
barrels per day should the Gadhafi regime collapse and production resume
from western oil fields. Libya was producing 1.6 million barrels per day
before the revolution began in early 2011.