Internal conflicts in Libya may leave the country without a source of oil revenue in less than two years, the U.S. ambassador to Libya said Tuesday. The fire that resulted from the militant bombing of a pipeline at the Sarir oil field, the largest in Libya, was extinguished during the weekend. Sarir is in the same region as oil fields attacked last week by fighters claiming loyalty to the group calling itself the Islamic State. Libya before NATO forces intervened to protect civilians from attacks by forces loyal to former leader Moammar Gadhafi was producing around 1.2 million barrels of oil per day. In its monthly report for February, the Organization of Petroleum Exporting Countries said member-state Libya was producing around 343,000 bpd as of January, a 27 percent decline from December. Sarir was producing […]