Libya's National Oil Corporation restores output close to normal levels

Workers at an oil port in Libya on 24 September 2020 [AFP/Getty Images]

Libya’s National Oil Corporation (NOC) said today that it has restored production close to levels before the country’s central bank crisis, reaching 1.22 million barrels per day (bpd), Reuters reports.

Libya’s eastern-based government and Tripoli-based NOC announced last week that all oilfields and export terminals had been reopened after a dispute over leadership of the central bank was resolved.

Oil and condensate production levels reached 1.217 million bpd today, up from 1.158 million bpd yesterday, NOC said.

NOC says that Libya produced about 1.3 million barrels per day before output at the Sharara, El Feel and Essider oilfields was halted in late August and early September.

READ: Libya oil production reaches 1 million bpd, highest in two months

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