Libyan Limbo
In recent years, despite holding the largest oil reserves in Africa and the 9th largest reserves in the world estimated at 48.40 billion barrels, Libya has gone from a top OPEC producer to struggling to maintain a consistent level of production and exports. Prior to the 2011 Libyan civil war, daily output was 1.6mbd; however, since then production has failed to return to this level, apart from a brief period reaching 1.55mbd just once in September 2012. This reflects the ongoing political instability in the country as competing factions fight for control of the country's valuable oil fields operated by NOC.
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