Libya's oil output has now returned to about 90% of its pre-war level

http://www.marketwatch.com/story/libya-oil-output-back-to-about-90-of-prewar-level-2012-05-29

By Benoit Faucon

LONDON (MarketWatch) -- Libya's oil output has now returned to about 90% of its pre-war level, the country's deputy oil minister said Tuesday.

Speaking to Dow Jones, Omar Shakmak said production of crude oil and condensates had now reached 1.6 million barrels a day. That compares to 1.7 million barrels a day before the civil war that toppled strongman Moammar Gadhafi.

Shakmak said production was expected to be fully restored "in the beginning of the third quarter, hopefully."

He said the swift recovery had been achieved despite the absence of many key foreign workers. Only 45% of staff at foreign services companies have returned, he said.