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.

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

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

Related Posts

Air Algérie inspects Tripoli’s Mitiga airport in preparation for resumption of flights

Italy’s Ingegneria Informatica and Libya’s Customs Authority to activate Automated Inspection Software System

Danish Chamber of Industry signs MoU with Libya’s General Union of Chambers of Commerce

Spanish business delegation to hold B2B meetings at Tripoli Chamber of Commerce on 11 May

Minister of Economy approves four foreign and JV companies – to support Libya’s investment climate

CBL loosens foreign currency controls – including permitting cash dollar deposits and transfer

Deputy HoR head calls on State Council to install Shukri as new CBL Governor

HoR and PC condemn ''cowardly terror'' Benghazi car bomb, seven deaths confirmed

Top Stories

New shipping line between Italy-Tunisia-Tripoli launched today

Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

CBL increases foreign currency cash limit permitted to enter Libya – up from US$ 10,000 to US$ 30,000

US sells US$ 95 million worth of border security equipment to Tunisia – can a similar deal between the EU or the US be struck with Libya?

Minister of Economy approves 12 foreign and joint venture companies – to support the investment climate

Recent News

Air Algérie inspects Tripoli’s Mitiga airport in preparation for resumption of flights

German Embassy and representatives of German companies operating in Libya discuss Tripoli’s 19 May Libyan-German Economic Forum

Sitemap

Newsletters

Welcome Back!

Create New Account!

Retrieve your password

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

RELATED POSTS

Related Posts

Top Stories

Recent News

Sitemap

Newsletters

Welcome Back!

Create New Account!

Retrieve your password