The Ruta oil tanker flying the Ukranian flag, is seen at the Tripoli seaport on April 29, 2017, after it was seized by the Libyan navy © AFP / MAHMUD TURKIATRIPOLI, Apr 30 – Libya has seized two foreign-flagged oil tankers and detained their crews for allegedly smuggling fuel after an hours-long gunbattle off the west coast, authorities said.
Oil is Libya’s main natural resource, with reserves estimated at 48 billion barrels, the largest in Africa.
Libya had an output capacity of about 1.6 million barrels per day before the 2011 armed uprising, but production has since slumped as rival forces battle …read more
Source: Capital News
