Libya’s crude oil production has fallen by about 300,000 bpd since the start of this month on the back of oil export terminal shutdowns amid harsh weather and full storage tanks, Kallanish Energy reports , citing a statement from the National Oil Corporation. Libya has been suffering severe rainfall that closed all its oil export terminals along with roads and the airport in Benghazi, Reuters reported earlier this week. Flooding and high waves on the coast made the docking of tankers impossible, stranding more oil in storage. Earlier in the week, a source close to NOC told S&P Global Platts the oil terminals shutdown and the limited storage capacity would reduce production by half that much. Storage capacity is critically full at the Zawiya terminal, which serves the Sharara oil field, according to the source, who added that production at Sharara is expected to be reduced by 50 percent […]