Libya rebels to start oil exports in a week

Oil fields in rebel-held territory in Libya are producing between 100,000 and 130,000 barrels a day, and the opposition plans to begin exporting oil "in less than a week," a rebel representative said on Sunday.

"We are producing about 100,000 to 130,000 barrels a day, we can easily up that to about 300,000 a day," said Ali Tarhoni, the rebel representative responsible for economy, finance and oil, at a news conference.

He said the rebel government has agreed an oil contract with Qatar, which would market the crude, and that he expected exports to begin in "less than a week."

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