Economic

Turmoil rocks Libya’s oil sector, slashing output

“The massive oil terminal at Brega feels strangely deserted for Libya’s second-largest hydrocarbon complex. After more than a week of turmoil in the country, production has been scaled back by almost 90 percent with many employees fleeing and ships not coming to collect its products.

The most activity on the site Saturday appeared to be a squad of boys from the nearby town finishing the job of tearing apart the local headquarters of Moammar Gadhafi’s Revolutionary Committee.”

(Turmoil rocks Libya’s oil sector, slashing output – Yahoo! News)

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