Conoco 'not exporting Libya oil due sanctions'

Author: 
REUTERS
Publication Date: 
Tue, 2011-03-08 18:58

“We are full compliance with US sanctions, a company spokesman said.
Conoco has a non-operating 16 percent interest in the Waha concessions in Libya. Net oil production averaged 46,000 barrels per day in 2010, versus 45,000 barrels per day in 2009, according to a regulatory filing.
In the 2010 fourth quarter, Conoco’s daily output averaged 1.73 million barrels of oil equivalent.

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