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Home » Libya’s oil production exceeds 1 million barrels per day

Libya’s oil production exceeds 1 million barrels per day

Thursday, July 28, 2022 Oil & Gas 1 Min Read
Libyan Oil Workers Union rejects sending revenues to Dbeibeh’s government

Oil production in Libya reached over a million barrels per day after the reopening of the wells and export terminals, announced the Tripoli-based government on Thursday.

In its Facebook page, the government quoted prime minister Abdul Hamid Dbeibeh as saying: “Thanks to the national staff working in the oil sector for their efforts to bring oil production back in record time to 1,133,000 barrels per day”.

He added that “work is still going on to reach the normal production rate.”

This comes after number of fields and export terminals shut down since mid-April, which led to 50% reduction of oil production with the country producing an average of 560,000 bpd.

However, the oil blockade has been lifted in July after change of leadership in the state-owned National Oil Corporation (NOC), which is the main operator of Libya’s oil production.

Abdul Hamid Dbeibeh Libya Oil
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Misrata Criminal Court sentences to death the perpetrator of a premeditated murder ...incident in 2020

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Governor of the Central Bank of Libya discusses in Washington with the US Department of ...State enhancing financial stability and supporting the bank's independence

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The Libyan Investment Authority Welcomes UN Security Council Resolution 2819 Regarding ...the Management of Its Assets

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