Libya Daily Oil Production Rises to Around 860,000 Barrels, Says NOC
The state-run oil company pledged to restore production rates to their normal levels
Libya’s oil production has risen from 560,000 barrels per day (bpd) to 860,000 following the resumption of oil operations last week, the National Oil Corporation said on Friday.
The state-run oil company pledged to restore production rates to their normal levels after three months of suspension.
In mid-April, the Corporation announced a state of force majeure on some ports and oil fields after they were closed by tribal groups reportedly aligned with Khalifa Haftar.
Mellitah oil and gas company resumed operations at El Feel oilfield last Tuesday with a capacity of 40.000 bpd, indicating that it would reach its normal rates of 68.000 bpd in the coming days.
A NOC statement said it would make every effort to bring production to 1,200,000 barrels per day within two weeks.
In mid-July, the NOC lifted force majeure on oil fields and ports, following the appointment of Farhat Bengdra as the new head of the NOC to succeed Mustafa Sanalla.
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.
- Libya’s HCS invites applicants for key state roles - December 31, 2023
- UK calls on Iran to prevent escalation in Israel-Hamas conflict - November 05, 2023
- Libyan Interior Minister: Immigrant shelter costs a fortune - November 05, 2023