Libyan National Oil Corporation (NOC) said Sunday gas production at the al-Farigh field of Waha Oil Company increased to reach 149 million cubic feet per day.
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Libya’s oil production has reached 1 million and 211 thousand barrels per day as of the last 24 hours, announced the National Oil Corporation (NOC) on Sunday.
Libya’s oil production declined on Friday by about 6000 barrels per day from the production on Wednesday and Thursday, as the National Oil Corporation (NOC) said the crude oil production rates amounted to one million and 207 thousand barrels, while the production of condensate reached 52 thousand barrels.
Libya’s Waha Oil Company announced last Wednesday the restart of production operations at the Dahra oilfield in the Sirte Basin, which has been shut down since 2015 due to an ISIS attack.
Chairman of the Libyan National Oil Corporation (NOC), Farhat bengdara, has appointed Mohamed al-Fantari as chairman of Sirte Oil and Gas Company.
Libya aims to increase the level of oil production to two million barrels per day, announced the state-owned National Oil Corporation (NOC) on Thursday.
Oil prices fell in Asia on Thursday, after rising more than $1 in the previous session, as concerns about supply disruptions eased and markets looked for evidence of improving fuel demand.
The workers of the Libyan Fertilizer Company (LIFECO) managed Tuesday evening to restart the second ammonia and urea plants after a stop of more than seventy days, according to the National Oil Corporation (NOC).
The Brega Oil Marketing Company has confirmed the availability of fuel in the Sabha warehouse, with sufficient quantities for two weeks.
Oil prices fell, during Thursday’s trading, after US data indicated weak demand for fuel.