NOC seeks oil production raise by 2M b/d within 3-5 years

Farhat Bengdara, the new chief of Libya's National Oil Corporation who was appointed by the Tripoli-based Prime Minister Abdulhamid Dbeibah, gives a press conference outside the corporation's headquarters in the capital Tripoli on July 14, 2022. - The new chief took office at Libya's National Oil Corporation on July 14 in place of veteran technocrat Sanalla, prompting the United States to warn against any "armed confrontation" over the vital sector. Oil is often at the heart of political rivalries in Libya, which has two governments, one in Tripoli led by Abdulhamid Dbeibah, appointed last year as part of a United Nations-backed peace process aimed to end more than a decade of violence in the North African country. (Photo by Mahmud Turkia / AFP)