Bloomberg News

Libya to Export 12.7 Million Barrels of Crude This Week

January 26, 2012

(Updates with table.)

Jan. 26 (Bloomberg) -- National Oil Corp., Libya’s state- run energy company, plans to export 12.7 million barrels of crude from Jan. 26 to Feb. 1, according to an official at the company’s crude and natural-gas marketing department.

The company, also known as NOC, shipped 5.54 million barrels from Jan. 19 to Jan. 25, Ahmed El-Mihoub said in an e- mail from the capital Tripoli.

Libya, holder of Africa’s biggest crude reserves, seeks to raise production and exports, which were disrupted during months of armed rebellion against late leader Muammar Qaddafi.

The following table lists the breakdown of shipments for the week of Jan. 26 to Feb. 1. Size is measured in barrels.

--Editors: John Buckley, Raj Rajendran

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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