Reuters logo
Conoco says not exporting Libya oil due sanctions
March 7, 2011 / 5:50 PM / 7 years ago

Conoco says not exporting Libya oil due sanctions

HOUSTON, March 7 (Reuters) - ConocoPhillips (COP.N) is in full compliance with U.S. sanctions against Libya and is not exporting oil from that country.

”We are full compliance with U.S. sanctions, a company spokesman said on Monday.

Conoco has a non-operating 16 percent interest in the Waha concessions in Libya. Net oil production averaged 46,000 barrels per day in 2010, versus 45,000 barrels per day in 2009, according to a regulatory filing.

In the 2010 fourth quarter, Conoco’s daily output averaged 1.73 million barrels of oil equivalent.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below