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Exclusive: Libya rebels ready to begin pumping oil

Oil output could reportedly reach 180,000 barrels a day (b/d) in the short term

REBEL-held Arabian Gulf Oil (Agoco) has repaired the Sarir and Misla oilfields; anti-regime forces have cleared the surrounding area of loyalist troops; and “production could begin today”, a senior industry source said on 15 July. Oil output could reach 180,000 barrels a day (b/d) in the short term, enough to export three or four cargoes a month from Tobruk and earn the Transitional National Council (TNC) a vital stream of revenue as its forces close in on Muammar Qadhafi’s troops in Brega, Gharyan, Zliten and Tripoli. At international prices, such production volumes would earn the TNC almost $2 million a day. The rebel government has spent recent weeks pleading for cash from Western count

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