25-09-2012

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The head of the National Oil Corporation (NOC) says Libya is targeting production of 1.8 million barrels per day (bpd) against current output of 1.6 million bpd, with no further bidding rounds expected until a new government is installed.

Oil output averaged 1.417m bpd between January and July AGOCO says oil production back to pre-war level NOC increases crude oil production targets Sirte Oil Company output reaches new post-conflict record Waha Oil resumes partial production July oil revenues reached LD5.4bn ($4.3bn)