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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Libya to Increase Oil Production to 1.2 Million Bpd in Two Weeks

Fighters loyal to Libya's Tripoli-based government stand guard outside the headquarters of Libya's National Oil Corporation in the capital Tripoli on July 14, 2022. (AFP)

Libya's National Oil Corporation (NOC) aims to bring back production to 1.2 million barrels per day (bpd) in two weeks, NOC said in a statement early on Saturday.

Current oil production is at 860,000 bpd, compared with 560,000 bpd before resuming production, NOC added.

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