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Libya Oil Output Rebounds to 1.3 Million Bpd

Libya Oil Output Rebounds to 1.3 Million Bpd

Crude oil production has recovered to 1.3 million barrels daily, the National Oil Corporation has reported, following the resolution of a political dispute over the appointment of a new governor to the Libyan central bank. “Efforts are still ongoing to increase production levels,” NOC also said. Crude production at most Libyan oilfields was suspended for over a month, starting in late August, after the country’s eastern and western administrations clashed over who should be governor of the Central Bank of Libya. The central bank…

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