The National Oil Corporation announced today, Sunday, a new increase in Libya’s crude oil production rates over the past 24 hours, reaching 1.386 million barrels per day. This figure represents an increase of 10,000 barrels compared to Saturday’s production of 1.376 million barrels.
Data issued by the corporation showed that associated condensate production reached 53,648 barrels, while natural gas production maintained its stability at 2.480 billion cubic feet.
It is worth noting that the National Oil Corporation had launched a new bidding round at the beginning of March, aiming to explore more than 22 promising offshore and onshore areas, and called on major international specialized companies to actively participate in the development of Libya’s energy sector.