Energy Information Administration: “Libya, the largest holder of proven oil reserves in Africa and until recently its fourth largest oil producer, exports most of the energy it produces. Europe is the major market for both oil and natural gas exports from Libya. Following the outbreak of civil unrest in mid-February, Libyan oil and natural gas production has been cut by 60 to 90 percent, affecting Libya’s energy exports. Oil exports have fallen with production and Libya’s natural gas exports to Italy via the Greenstream pipeline stopped in late February. Libya produced an estimated 1.8 million barrels per day (bbl/d) of oil in 2010, of which 1.5 million bbl/d were exported. Libya exports nine grades of crude oil. API gravities range from 26.0 degrees to 43.3 degrees, with a sulfur content as low as 0.2-0.3%. While the lighter, sweeter grades are generally sold to Europe, the heavier crude oils are often exported to Asian markets.”