OPEC says Libya will be exempt from reducing production

BY Libyan Express Dec 03, 2017 - 15:36

National Oil Cooperation (NOC) with OPEC counterparts in Vienna. (NOC website)

The Organization of Petroleum Exporting Countries (OPEC), will not force limits on Libya’s production of crude oil.

According to the final report published by OPEC on its official website, Libya will be exempt from cutting production like other member countries after an agreement was met on the extension of production reduction.

The chairman of National Oil Cooperation (NOC), Mustafa Sanallah led the Libyan delegation at the 173rd Conference of OPEC, which was held in Vienna last Thursday.

The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.