The people's council that governs the Libyan city of Benghazi, held by the rebels since last Tuesday, announced Friday that controls most of the oil wells of this Arab country, the agency reported. The main Libyan crude holdings are concentrated in its eastern part, released this week from the yoke of dictator Muammar Gaddafi, who yesterday, in his third speech since the outbreak of the crisis, threatened to cut off oil supplies abroad.
The crisis in the third largest producer in Africa has caused the price of a barrel of oil in the international market soared to $ 120, its highest level since 2008. Abdessalam Najib, an engineer working in the Libyan oil company Agic and also a member of the interim government that manages Benghazi, has ensured that all oil holdings east of the city of Ras Lanuf have fallen into the hands of the wrong side of system Gaddafi.
"These plants are currently operating at 25% capacity. Virtually all the oil fields east of Ras Lanuf are held by our people and the government has no control over this area," said this official. "The transportation of crude oil continues to operate port terminals, but has had to cancel 75% of the extraction work.
This information has provided me a companion who works in Brega," said Najib. Marsa El Brega is one of the most important Libyan ports, located 200 kilometers south of Benghazi. The extraction in the North African country has fallen to less than half of the 1.6 million barrels pumped daily before the crisis, according to estimates by analysts at Barclays Capital and Goldman Sachs.
Italy's ENI, the largest foreign operator in the Libyan sector, says the situation is more serious, production has fallen to 75%. Private companies are responsible for one third of the total production of the country and almost all have suspended operations, reports Fernando Gualdoni. Sources consulted by the oil industry say the sharp fall in exports is also due to the lack of qualified personnel in ports and minimum conditions of security.
For this reason, many have chosen not to tankers calling at Libyan ports for fear of attacks. In parallel with this announcement, said Gaddafi's son as his successor, Saif Islam, has said, told CNN Turk that the Libyan government plans to combat the insurgency does not envisage the destruction of oil fields.
He has also said that the Gaddafi family has no intention of leaving the country and the government controls the west, south and central Somalia. "Never destroy the sources of oil. Belong to the people," said Saif. 
The crisis in the third largest producer in Africa has caused the price of a barrel of oil in the international market soared to $ 120, its highest level since 2008. Abdessalam Najib, an engineer working in the Libyan oil company Agic and also a member of the interim government that manages Benghazi, has ensured that all oil holdings east of the city of Ras Lanuf have fallen into the hands of the wrong side of system Gaddafi.
"These plants are currently operating at 25% capacity. Virtually all the oil fields east of Ras Lanuf are held by our people and the government has no control over this area," said this official. "The transportation of crude oil continues to operate port terminals, but has had to cancel 75% of the extraction work.
This information has provided me a companion who works in Brega," said Najib. Marsa El Brega is one of the most important Libyan ports, located 200 kilometers south of Benghazi. The extraction in the North African country has fallen to less than half of the 1.6 million barrels pumped daily before the crisis, according to estimates by analysts at Barclays Capital and Goldman Sachs.
Italy's ENI, the largest foreign operator in the Libyan sector, says the situation is more serious, production has fallen to 75%. Private companies are responsible for one third of the total production of the country and almost all have suspended operations, reports Fernando Gualdoni. Sources consulted by the oil industry say the sharp fall in exports is also due to the lack of qualified personnel in ports and minimum conditions of security.
For this reason, many have chosen not to tankers calling at Libyan ports for fear of attacks. In parallel with this announcement, said Gaddafi's son as his successor, Saif Islam, has said, told CNN Turk that the Libyan government plans to combat the insurgency does not envisage the destruction of oil fields.
He has also said that the Gaddafi family has no intention of leaving the country and the government controls the west, south and central Somalia. "Never destroy the sources of oil. Belong to the people," said Saif.
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