Libyan National Oil Corporation (NOC) informed that it had found illegal trials to sell crude oil independently without its prior approval.
Libya’s National Oil Corporation (NOC) announced that oil production has reached 700,000b/d, recovering from a drop earlier in March caused by fighting at two key oil ports.
Libya's National Oil Corporation (NOC) said that pipelines leading from the western fields of Sharara and El Feel had been reopened after a two-year blockade, paving the way for a major boost to production.
Gas production has resumed at Libya’s eastern Abu Tifl field and 12,000b/d of oil will starting pumping by mid-November 2016, with the oil being pumped to Zuetina port.
Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC's work in some previously-shut oilfields.
Libya restarted production from the Waha fields bringing the country’s total output to 580,000b/d.
Libya‘s Arabian Gulf Oil Company (AGOCO) has increased production to 290,000b/d and hopes to reach 350,000b/d by the end of the year.