Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Libya’s oil production rises to 685,000 barrels per day

by | May 25, 2021

Libyan oil facility

Libyan oil facility

Tripoli, (IINA) : Libya was producing 685,000 barrels of oil per day on Sunday, up from around 600,000 barrels a day last month, an official from the National Oil Corporation (NOC) said.

Output has risen after a two-year blockade was lifted two weeks ago on major pipelines leading from the western fields of Sharara and El Feel, according to Reuters. Production has resumed gradually at Sharara, which has a capacity of 330,000 barrels a day. But there has been no announcement of a restart at El Feel, which can produce 90,000 barrels a day.

National output remains far below the more than 1.6 million barrels a day that Libya was producing before its 2011 uprising. The NOC says it hopes to raise production to nearly 900,000 barrels a day by March, but this remains at risk due to the political conflict. Libya is one of two members of the Organization of the Petroleum Exporting Countries (OPEC) that is exempted from a recent deal to cut output.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Teen from Texas Triumphs at 2025 Scripps National Spelling Bee

Teen from Texas Triumphs at 2025 Scripps National Spelling Bee

Allen, TX – In a dazzling display of linguistic prowess, 13-year-old Faizan Zaki from Allen, Texas, has etched his name in history as the champion of the 2025 Scripps National Spelling Bee. The young wordsmith secured the coveted title in the competition’s milestone...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *