Leviathan, one of the largest offshore discoveries of the past decade, was found in the eastern Mediterranean in 2010 and has been mostly earmarked for exports.

Libya's production was down to 212,000 barrels on Monday, after the largest National Oil Corp (NOC) subsidiary, AGOCO, was forced to slash output by one-third from southeastern fields, an NOC spokesman in Tripoli said.

"В состав алжирской делегации Форума вошли более 200 бизнесменов, заинтересованных в развитии деловых связей в топливно-энергетическом комплексе, сельском хозяйстве, строительстве и других секторах экономики"

The two countries also signed agreements to develop a 2250 Megawatt electricity plant with a cost of $2.2 billion, set up agriculture complexes in Sinai and develop a canal to transfer water, a statement from the Presidency said.

По результатам переговоров обе страны подтвердили намерение укреплять двустороннее сотрудничество в сфере энергетики, в том числе в области поставок сжиженного природного газа (СПГ), создания газовой инфраструктуры, разведки углеводородов, строительства и эксплуатации средств электрогенерации, а также возобновляемых энергоресурсов.

This is American energy security, American jobs, U.S. government revenue and American GDP tied up by political red tape. This is a once in a generation opportunity, stuck, off limits to future generations as it waits for forward-looking energy policy.

U.S. Rig Count is down 2 rigs from last week to 698, with oil rigs down 2 to 536, and gas rigs are unchanged from last week, at 162.