Libya’s oil production hits highest output since 2014 – NOC

PUBLISHED: Tue, 02 May 2017 07:52:52 GMT

Ahmed Elumami | TRIPOLI

Libya’s oil production has risen above 760,000 barrels per day (bpd), its highest level since December 2014, the National Oil Corporation (NOC) said on Monday.

Chairman Mustafa Sanalla said in a statement that the NOC was working on plans to increase production further. He has previously set a goal of boosting output to 1.1 million bpd by August.

(Reporting by Ahmed Elumami; Writing by Aidan Lewis; editing by Susan Thomas)

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.