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Rift Over Libyan Oil Emerges Among Allies

Wall Street Journal Original article ›

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The recovery of Libya's oil exports and world oil prices- 2011-2014

06/11/2011

The fall of the Gaddafi regime in Libya in August 2011 and restoration of democratic government will lead to a renewal of oil exports. Libya exported 1.5- 1.8 million barrels a day before the war against Gaddafi. The restoration of full production depends on the rebuilding of damaged refineries. This could take upto three years say experts. A psychological boost is not the same as the physical aspect of oil supplies on the ground says one analyst.

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