Middle East
Two key Libyan terminals reopen
Cairo: Rebels blockading eastern ports said the nation's largest and third-largest export facilities can ship crude again.
Es Sider and Ras Lanuf, which have combined capacity of 560,000 barrels a day, are reopening today, which would increase Libya's crude-export capacity almost five-fold.
Libya is now producing about 320,000 barrels a day, or about a fifth of its output before Gadhafi was overthrown in 2011, according to state-run National Oil Corp.
Es Sider has 340,000 barrels in daily loading capacity and Ras Lanuf 220,000 barrels, according to the oil ministry. [03/07/14]