Libya Produced 670,000b/d of Oil

Libya Produced 670,000b/d of Oil

The head of the media office of the Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, announced in a statement that Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC’s work in some previously-shut oilfields, reported The Libya Observer.

Furthermore, NOC’s official, Ibrahim Al-Uwami, remarked that Libya’s oil output is gradually ascending and expected to reach 1.5mb/d, once the budget needed for overhaul procedures in the oilfields and terminals is provided for the NOC, coupled with reopening Al-Sharara and Al-Feel oilfields in the south, according to Ecofin News Agency.

Whereas Egypt Oil&Gas earlier wrote that Libya’s Prime Minister, Fayez Al-Serraj, said that Libya’s oil production has reached 580,000 to 600,000b/d, with the aim of reaching 950,000b/d by the end of the year, while officials were negotiating with western municipalities to yield an additional 380,000b/d output.


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