Libya won’t attend April oil meeting, wants to boost output

*Khalifa Mohamed Mazk inspects a pipeline at Marsa al Hariga oil port in the city of Tobruk, approximately 1,500 km (932 miles) east of Tripoli.

*Khalifa Mohamed Mazk inspects a pipeline at Marsa al Hariga oil port in the city of Tobruk, approximately 1,500 km (932 miles) east of Tripoli.

22 March 2016, London — OPEC member Libya does not plan to attend an April 17 oil producer meeting about freezing production to support prices because it wants to increase output when the situation allows, a Libyan OPEC delegate said.

“We are not going,” the delegate said, referring to the meeting in Doha next month.

Libya pumped 1.6 million barrels per day, b/d, of crude before the 2011 civil war. Output has been slowed by continued unrest and is currently below 400,000 b/d.
*Alex Lawler; editing – David Clarke – Reuters

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