Libya restores oil output close to normal levels - TRT Afrika

10 Oct 2024

Libya restores oil output close to normal levels

Libya's state oil company says output has risen to near-normal levels after a recent dispute over central bank governor was resolved.

Libya's oil and condensate production levels reached 1.22 million barrels per day on October 10, 2024. / Photo: AP

Libya's National Oil Corporation (NOC) said on Thursday that it has restored production close to levels before the country's central bank crisis, reaching 1.22 million barrels per day (bpd) on Thursday.

Libya's eastern-based government and Tripoli-based NOC announced last week that all oilfields and export terminals had been reopened after a dispute over leadership of the central bank was resolved.

Oil and condensate production levels reached 1.217 million bpd on Thursday, up from 1.158 million bpd on Wednesday, NOC said.

NOC says that Libya produced about 1.3 million barrels per day before output at the Sharara, El Feel and Essider oilfields was halted in late August and early September.

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Reuters

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Libya oil Output Central Bank Governor

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