Abdul-Rahman Ben Yazza Tripoli - Agencies Abdul-Rahman Ben Yazza, the Libyan oil minister of the transitional government, said Monday that Libyan oil production had reached 1.5 million barrels a day. He added that he hopes to hit pre-revolution levels by mid year. Ben Yazza stated during the first post-war oil and gas conference that Libyan oil production is currently equivalent to 85 percent of pre-war levels. When the Libyan revolution broke out in February 2011, Libya was an OPEC member which produced 1.6 million barrels a day, including 1.3 million barrels for export. However due to the start of the uprising, production was completely halted and only resumed in mid September. The National Oil Corporation (NOC)said that production has reached current levels in record time despite many difficulties, and the NOC hoped to reach pre-revolution levels by the end of 2012. Oil production in Libya reached 600,000 barrels a day in November last year, and has risen to 1.3 million barrels a day by January of this year. However, the secretary general of the Organisation of Petroleum Exporting Countries (OPEC), stated last December that Libya\'s oil production would reach its pre-war level by mid 2012, which is six months earlier than Libya\'s NOC\'s predictions.
GMT 09:55 2018 Wednesday ,24 January
France's Carrefour revamps operationsGMT 05:10 2018 Tuesday ,23 January
Five things to know about DavosGMT 04:03 2018 Monday ,22 January
Saudi Arabia calls for oil producersGMT 07:13 2018 Sunday ,21 January
Duterte bans Philippine nationalsGMT 05:32 2018 Friday ,19 January
To develop oil fields retaken from KurdsGMT 06:41 2018 Thursday ,18 January
Sudan holds communist leaderGMT 09:27 2018 Wednesday ,17 January
Sudan police beat protesters at demoGMT 06:49 2018 Tuesday ,16 January
UK construction firm Carillion collapsesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor