Libya is set to export even less crude oil in July than it did in June, while its state oil firm continues negotiations to end the blockade that has been stifling exports since January. According to a preliminary loading program seen by Bloomberg , Libya is expected to export this month just two tankers full of 600,000 barrels of crude each, for a total of 1.2 million barrels of crude oil for the whole month of July. This month’s exports will be lower than the 1.8 million barrels which Libya shipped for the entire month of June. Currently, oil production in the country is around 100,000 barrels per day (bpd). This figure is dramatically down from 1.2 million bpd at the start of the year, just before paramilitary formations affiliated with the Libyan National Army (LNA) of eastern Libyan strongman General Khalifa Haftar occupied Libya’s oil export terminals and […]