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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Libya's oil production at the highest level in six years

rocky
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Libya's oil production at the highest level in six years Empty Libya's oil production at the highest level in six years

Post by rocky Tue 19 Mar 2019, 5:42 pm

Libya's oil production at the highest level in six years

Libya's oil production at the highest level in six years 13808


Libya's oil production in March rose to 1.2 million barrels per day, the highest since June.
In an interview with Bloomberg, the chairman of the National Oil Corporation, Mustafa Sinallah, said Libya had boosted crude production after the restart of the spark field to 1.2 million bpd.
According to Libya's historical data at OPEC, Libya's current production is the highest since June 2013, 1.2 million barrels per day and 1.4 million bpd in May 2013.
Since the overthrow of the regime of late President Muammar Gaddafi in 2011, Libya has been living in a state of political divisions and civil armed conflicts, causing the collapse of various sectors.
Libya's current production of oil is 25 percent lower than the 1.6 million bpd recorded in November 2010.
Last month, Libya's oil production stood at 906,000 bpd, according to OPEC data released last week.
Libya, a member of the Organization of Petroleum Exporting Countries (OPEC), and was granted exemption from the previous production reduction agreement ended in December 2018, and began in early 2017.



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