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FINANCIAL NEWS
Oil output in Libya nears 1mn bpd, highest in 4 years
30 Jun 2017
(MENAFN) Libyan oil production is varying between 950.000 barrels per day and near 1mn bpd, growing from almost 935.000 bpd earlier this week.
Moreover, production has been fluctuating due to technical and power generation problems, declining to be named.
Meanwhile, the country has succeeded in beating a production target proclaimed by a month, as proclaimed a source.
In addition, Libya had produced more than 1.6mn bpd before a 2011 uprising, and average production has not surpassed 1mn bpd since July 2013.
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MENAFN3006201700450000ID1095587883
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