Libya’s crude oil and condensate exports are expected to reach 1.24 million barrels per day (mmbl/d) in December, recording the highest level in 13 months, according to S&P Global Platts estimates using data from shipping and trading sources.

This came due the rapid rebound of Libyan oil production amounting to 1 mmbl/d during the past two months after the truce agreement conducted between Government of National Accord and Libyan National Army.

According to the data, oil and condensate loadings from Libya will reach to about 1.2 mmbl/d in December compared to 1.07 mmbl/d in November. The data showed that this increase is driven by a boost in loadings from Es.sider, Zueitina, Bouri, Brega and Zawiya terminals.