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Home » Libya aspires to raise oil exports to 1.6 million barrels a day in 2022, says official

Libya aspires to raise oil exports to 1.6 million barrels a day in 2022, says official

Tuesday, November 2, 2021 Business 1 Min Read
American-Libyan conferences on oil investment is step in right direction, official says

The Undersecretary of the Libyan Oil Ministry, Rifaat al-Abbar, confirmed that Libya aspires to achieve plans to raise oil exports above 1.4 million barrels a day during December 2021 and above 1.6 million barrels in 2022, if the appropriate conditions and environment are available, and above all the funds necessary for maintenance and development.

“The oil and gas sector achieved huge incomes in foreign currency from sales of oil, gas, petrochemicals, natural gas and oil derivatives, where these incomes contributed to supporting the plans of the Government of National Unity (GNU) and carrying out some economic reforms,” al-Abbar told Sputnik.

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thelibyaupdate The Libya Update @thelibyaupdate ·
18h

France confirms its support for the Sharm El Sheikh agreements and calls for the ...transition to the second phase in Gaza

https://libyaupdate.com/france-confirms-its-support-for-the-sharm-el-sheikh-agreements-and-calls-for-the-transition-to-the-second-phase-in-gaza/

The #Libya Update

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thelibyaupdate The Libya Update @thelibyaupdate ·
20h

Saudi Arabia approves fines up to 100,000 riyals and deportation of violators of Hajj ...regulations without a permit

https://libyaupdate.com/saudi-arabia-approves-fines-up-to-100000-riyals-and-deportation-of-violators-of-hajj-regulations-without-a-permit/

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20h

Dr. Mahmud Elforjani: At a special invitation from the French Presidency, we participated... as the National Development Agency in the Libyan-French Business Forum in #Paris to open greater horizons for investment, enter the promising Libyan market, and introduce investment

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