Libyan oil output drops by over 70.000 bpd as gunmen blow up key pipeline.

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A group of gunmen have blasted a pipeline pumping crude oil to Al-Sider port on Tuesday, cutting Libya’s oil production by up to 100,000 barrels per day (bpd), military and oil sources reported on Monday.

The Libyan National Oil Corporation (NOC) commented on the incident in a statement, saying the output had been reduced by 70,000-100,000 bpd.

The cause of the explosion was unclear, the NOC added.

The gunmen, according to military sources, arrived at the site near Marada in two cars and planted explosives on the pipeline.

 

SOURCElibyanexpress
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