Libya’s National Oil Corporation (NOC) will increase oil production to 2 million barrels per day (bpd), the company said in a statement.

The NOC has a timeframe of three to five years to achieve this target, it said.

Libya’s crude oil production reached 1.215 million bpd in January, earlier data showed.
Source: Reuters (Reporting by Yomna Ehab; writing by Clauda Tanios; editing by David Goodman and Jason Neely)