Libya Oil Output Rebounds to 1.3 Million Bpd ...Middle East

Economy by : (OILPRICE) -
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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