NOC Chairman says Libya’s oil industry keeps soaring

sanallah

The Chairman of the National Oil Corporation (NOC) Mustafa Sanallah, said Tuesday that Libya’s oil output has hit 600,000 barrels per day (bpd), stressing that the country’s economy has healed a lot over the last few months.

“We will keep on working on restoring a line of production that sees Libya putting out 900,000 bpd by the end of 2016 and over 1.1 million bpd at the beginning of 2017.

“but the NOC should be spared in all of the ongoing political and military conflicts as it is and must remain Libya’s biggest fortune and plays the most essential role for the continuity of the daily lives of all Libyans.” Sanallah added.

He indicated that any more military fights and clashes at the oil facilities will damage the infrastructure even more and will consequently lead to the halt of oil production.

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.
Azara Media Azara Media
You might also like

Submit a Correction

For: NOC Chairman says Libya’s oil industry keeps soaring

Your suggestion have been successfully submitted

There was an error while trying to send your request. Please try again.

Libyan Express will use the information you provide on this form to be in touch with you and to provide updates and marketing.