The National Oil Corporation announced today that its production of crude oil amounted to one million and 200 thousand barrels, during the past 24 hours.
Yesterday, the Oil Budget Follow-up Committee discussed, in its second meeting of the current year, the National Oil Corporation’s (NOC) operational and development plan, which aims to raise production to two million barrels per day, with the aim of reviewing the plan and referring it to the High Council of Energy for discussion and approval.
The head of the committee, Mohammed Al-Zaidani, confirmed that the government was working through the committee and the relevant ministries to support the NOC’s programs, with the aim of stabilizing and increasing production.
The Chairman of the NOC, Farhat Bengdara, gave a presentation and explained the features of the development plan for 2023, which would aim to increase oil and gas production, and enhance cooperation with international companies in the field of exploration