Director of Asia News at Platts, Vandana Hari expects Libya to start producing 300 thousand barrels per day by the end of this year. “However, oil production will reach full capacity only by 2013,” she added.
The rebels have won in Libya and the rule of Muammar Gaddafi seems to be over. What everyone is looking at is the effect of this on crude prices. Director of Asia News at Platts, Vandana Hari says that a conclusion on this issue is still someway down the road.