Saturday, 01 January 2022 17:49

LIBYA WILL PRODUCE OVER 2 MILLION BPD IN 2022. Featured

 

 

2021 was a positive year for the Libyan Oil&Gas sector. The Organization of Petroleum Exporting Countries, Opec based in Wien, said that Libya has surpassed Nigeria as Africa’s biggest oil producer.

Libyan oil output was 1.24 million bpd in October, a fair output increase has been registered month after month in all 2021.

Libyan Deputy Oil Minister, Refaat Al-Abbar said Libya plans to produce more than two million barrels per day in 2022, and 4 million barrels per day by 2025.

Read 584 times Last modified on Saturday, 01 January 2022 18:02