AGOCO to raise oil production up to 220,000 by next Friday

May 24, 2018

Reading Time: 1 min read

By Sami Zaptia.

London, 24 May 2018:

Libya’s Arabian Gulf Oil Company (AGOCO) announced today that it will increase its oil production by up to 220,000 barrels per day from next Friday. This it comes after its production fell to 146,000 bpd on Wednesday due to bad weather conditions affecting its power generators, the company said.

The company said today that production has already recovered to 180,000 barrels per day.

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AGOCO to raise oil production up to 220,000 by next Friday

After a ten-year hiatus, AGOCO restarts its spare parts workshop

Ministry of Oil considers granting 40 percent of production to the Eni, Adnoc and Total coalition a violation of Libyan legislation

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AGOCO to raise oil production up to 220,000 by next Friday

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