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Home Business

Libya reaches pre force majeure oil production rate of 1.2 million barrels per day

bySami Zaptia
August 1, 2022
Reading Time: 2 mins read
A A
NOC announces force majeure at Zawia port

(Logo: NOC).

Libya has reached its pre force majeure oil production rate of 1.2 million barrels per day (bpd), the National Oil Corporation (NOC) confirmed yesterday.

It put this to the great efforts made by the companies affiliated with the NOC and its technical teams.

It will be recalled that on 12 July the former NOC chairman and his board of directors were sacked by caretaker prime minister Abd Alhamid Aldabaiba. Sanalla was replaced by Farhat Ben Gdara who was installed at the NOC Tripoli headquarters on 14 July.

On 13 July the NOC started lifting the force majeure imposed on its eastern oilfields and ports. Production reached 860,000 bpd by 23 July, 1 million bpd by 25 July and 1.130 million bpd by 27 July.

 

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Tags: Farhat Bengdara NOC chairman July 2022force majeureNOC chairman Mustafa SanallaNOC National Oil Corporationoil production

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