- Advertisement -The Libyan coastguard has opened fire on an oil tanker carrying contraband fuel, a spokesperson for the navy told AFP on Saturday. Liquid is seen pouring from the ship into the water and a man on the coastguard ship can be heard saying it is diesel. Libya has been plagued by violent unrest since the ouster and killing of long-time dictator Moammar Gaddafi in a NATO-backed 2011 revolution. Libyan fuel prices are among the lowest in the world, tempting smugglers with the prospect of large profits. With estimated oil reserves of 48 billion barrels, Libya used to produce 1.6 million barrels per day before the 2011 uprising.

Source: Libya Today October 08, 2017 09:11 UTC