A general view shows a detail of the Zawiya Oil Refinery, some 40 kms west of Tripoli, on October 27, 2011. AFP PHOTO / MARCO LONGARI
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Libyan oil is gushing again with production and exports surging to the highest in years.Further growth in Libyan oil supplies would take the country to a level that could test a pledge it made to the Organization of the Petroleum Exporting Countries to help limit a global crude glut.Libya's share of that was reported as being about 1 million barrels a day.PetroChina agreed an annual contract to buy Libyan crude earlier this week, the Chinese producer's first such deal with Libya's National Oil Corp. since 2013 .Total Friday completed a purchase of Marathon Corp.'s assets in Libya for $450 million.
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