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Libya’s NOC says daily production reached 1.13 mln bpd of crude oil and condensate

Wednesday, 09 October 2024 | 00:00

Libya’s National Oil Corp. (NOC) said on Tuesday that daily production reached 1,133,133 barrels per day of crude oil and condensate in the last 24 hours, adding that the recovery comes just days after the lifting of a force majeure.

Libya’s eastern-based government and Tripoli-based NOC on Thursday announced the reopening of all oilfields and export terminals after a dispute over leadership of the central bank was resolved.

Production rates are expected to return to pre-closure levels within the next few days, NOC said in a statement.

Libya was producing about 1.2 million bpd before output at the Sharara, El Feel and Essider oilfields was halted in late August and early September.
Source: Reuters (Reporting by Ahmed Elimam; Editing by Kirsten Donovan)

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