Tag Archives: Oil Exports

32% of Libya’s 2009 Oil Exports Went to Italy

From the US Energy Information Administration:

2009 Libyan Oil Exports:  “With domestic consumption of 280,000 bbl/d in 2009, Libya had estimated net exports (including all liquids) of 1.5 million bbl/d. According to 2009 official trade data as reported to the Global Trade Atlas, the vast majority of Libyan oil exports are sold to European countries like Italy (425,000 bbl/d), Germany (178,000 bbl/d), France (133,000 bbl/d), and Spain (115,000). With the lifting of sanctions against Libya in 2004, the United States has increased its imports of Libyan oil. According to EIA estimates, the United States imported an average of 80,000 bbl/d from Libya in 2009, up from 56,000 bbl/d in 2005 but, as a result of the U.S. economic downturn and subsequent decline in oil demand, 2009 levels were below 2007 highs of 117,000 bbl/d.”

Click here for link.

(HT to tweet by @johnwilcockson)

1 Comment

Filed under Data / Stats, European Union, France, Germany, Italy, Libya, Mediterranean, News, Spain