AGOCO boosts oil output to 260.000 bpd
The Libyan Arabian Gulf Oil Company (AGOCO) has raised its oil production to 261,000 barrels per day (bpd).
This new boost is actually 50,000 bpd higher than its output last week, spokesman Omran Al-Zway said on Monday.
AGOCO, a subsidiary of the parallel National Oil Corporation (NOC) that operates in eastern Libya, has boosted production since forces loyal to the leader of Dignity Operation, Khalifa Haftar, seized blockaded oil terminals earlier this month and the NOC announced it would reopen them for exports.
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.
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.
Latest posts by Libyan Express (see all)
- Ghanaian named UN Libya envoy - January 25, 2025
- Central bank of Libya reports strong finances - January 25, 2025
- BBC exposes true civilian toll of deadly Lebanon strike - January 25, 2025