Crude Oil Supply fell 16.2% to 434 '000 bpd in Libya in 2016

Crude oil supply fell 16.2% to 434 '000 bpd in Libya in 2016, according to EIA.

Historically, crude oil supply in Libya reached an all time high of 1,787 '000 bpd in 1980 and an all time low of 434 '000 bpd in 2016. When compared to Libya's main peers, crude oil supply in Algeria amounted to 1,797 '000 bpd, 129 '000 bpd in Chad, 718 '000 bpd in Egypt and 51.1 '000 bpd in Tunisia in 2016.

Libya has been ranked 30th within the group of 123 countries we follow in terms of crude oil supply, 14 places below the position seen 10 years ago.