Libyan oil production falls to 295-350 thousand bpd
The spokesman of the National Oil Corporation (NOC) Muhammad Al-Harari, said that Libya’s oil production decreased to between 295 and 350 thousand barrels a day in the last two weeks due to electricity problems.
Al-Harari added that the lack of electric power supplies from the General Electricity Company affected the power plants in Al-Sareer and Masalla fields in eastern Libya.
He also said that the Libyan oil production is expected to heal a bit and reach a rate between 360 and 370 thousand barrels a day.
Libya’s oil production has seen a sharp drop from a high of more than 1.6 million bpd in 2011 due to political unrest and armed conflicts in many indifferent cities across the OPEC member country.
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)
- Al-Sunni stresses US peace process - May 25, 2022
- Suspect arrested in connection to Abu Salim Burglary - May 25, 2022
- Niger plans to deploy combat drones to monitor borders with Libya - May 24, 2022