Monday, March 03, 2025 | 12:52 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Massive attack on Libyan crude pipeline reduces output by up to 100,000 bpd

The attackers arrived at the site near Marada in two cars and planted explosives on the pipeline, a military source said

Oil demand, the report says, is slowing down, but it will not be reversed before 2040
Premium

Oil demand, the report says, is slowing down, but it will not be reversed before 2040

Reuters
Armed men blew up a pipeline pumping crude oil to Es Sider port on Tuesday, cutting Libya’s output by up to 100,000 barrels per day (bpd), military and oil sources said.

The state-run National Oil Corporation (NOC) said in statement output had been reduced by 70,000-100,000 bpd. The cause of the blast was unclear, it added.

The attackers arrived at the site near Marada in two cars and planted explosives on the pipeline, a military source said.

Pictures purportedly showing a huge cloud from the blast in central eastern Libya circulated on social media.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in