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Reply #45: Libya supples the EU with roughly 8% of their total oil usage... [View All]

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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-18-11 08:51 AM
Response to Reply #15
45. Libya supples the EU with roughly 8% of their total oil usage...
that is a a player in ever definition of the word.

"Libya normally exports oil about 1.6 million barrels a day, 85 percent is shipped to Europe, according to the International Energy Agency."

http://www.worldnewsco.com/3665/libya-starts-oil-exports/

"LIBYA produces 1.7m of the world’s 88m barrels a day (b/d) of oil. OECD countries import 1.2m b/d, and China another 150,000. Our chart shows which of Libya’s main export markets are most dependent on it for their oil. At the top of the list, Ireland only accounts for a tiny fraction of Libya’s oil exports. Italy is by far the biggest importer: in 2010 it took 376,000 b/d from its former colony." (or about 20% and change for Italy alone)

http://dawnwires.com/investment-news/libya-oil-who-buys-how-much-from-libya-italy-leads-the-way/


A list of OECD nations...

http://www.oecd.org/document/58/0,3746,en_2649_201185_1889402_1_1_1_1,00.html

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