Libyan oil terminals set to reopen

Libya is finally set to recommence oil exports from long shuttered key terminals in the east of the war-torn country.

The National Oil Corporation (NOC) has reached a deal with the Petroleum Facilities Guards who have been blockading four terminals including Ras Lanuf, Sidra and Zuetina since December 2014.

Oil output in Libya has quartered following five years of a bitter civil war to around 400,000 barrels a day. The reopening of the ports could see that figure climb quickly.