Situation in Libya

Libya to increase oil production to to 1.2 million barrels per day

by Middle East Monitor

Libya’s National Oil Corporation (NOC) announced that oil production in the country is running at 1.211 million barrels per day, Reuters reports.

According to the report, NOC said production had reached 860,000 bpd and that it aimed to raise it to 1.2 million bpd in two weeks.

Last month, NOC was set up with a new management team. Prime Minister, Abdulhamid Dbeibah, issued a decision to replace Sanalla with Farhat Bengdara to manage the transition.

On the other hand, the United Nations called on Libyan parties to “refrain from politicising” the Libyan Oil Corporation, stressing that Libya’s oil belongs to all Libyans.

The North African country’s oil exports also reached 1.2 million bpd at times last year.

Source
Middle East Monitor
Show More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button