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Unrest in Libya poses risk to oil exports: Analyst

August 5, 2014 - 6:00am


Malcolm Graham-Wood, oil and gas analyst, said the current unrest in Libya is a definite risk to the country's "oil exports and things will get worse before they get better," City A.M. reported.

The surge in violence has given rise to concerns that Libya’s plans to ramp up oil production could take a hit.

The worsening security situation at Tripoli had prompted British Airways P.L.C. to suspend flights to and from the airport.

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