Violent clashes between the forces of Libya’s interim leaders and those still supporting ousted leader Muammar Qaddafi have halted oil production, depriving it of a key revenue source.

Production has resumed in the past week and Agoco is the only company known to be pumping oil, although some gas is being produced.

“We are producing 150,000 bpd from 100 wells. We will try to get to 200,000 bpd by the end of the month,” said Abdeljalil Mayuf, spokesman for Agoco. He said that this should allow for a 1 million barrel cargo to be loaded from the Mediterranean port of Tobruk every ten days.

Agoco’s Mediterranean terminal of Tobruk escaped damage during fighting because it is located far in the east, near the Egyptian border, and has been in territory controlled by interim leaders for months.

Libya produced 1.6 million bpd before the war, or around 2 percent of global consumption.

Libya’s new oil minister told Reuters on Friday it was too early for him to assess the rate of early oil exports.

“I’m still looking to know the volume,” Ali Tarhouni said. When asked when exports might resume, he replied: “In a few days.”

International oil trading firms are expected to vie for new supplies of the light, easy-to-refine Libyan oil which has been absent from the spot market for months.

Agoco’s chairman said it had pledged to give half of its early crude oil supplies to trading firm Vitol as part of a deal to pay off its fuel import bill.

The firm was the largest fuel supplier to the rebels, now interim leaders, before the collapse of Qaddafi’s regime in late August but the number of suppliers has recently expanded.

The amount owed to Vitol for fuels has topped $1 billion, industry sources told Reuters, making it one of the biggest costs for the cash-strapped interim government.

Trade sources said this week that Vitol offered a cargo for early-October loading at a premium of around $2.50 to dated Brent.