After lifting of force majeure, NOC increases oil production to 860,000 bpd
Libya’s state National Oil Corporation (NOC) announced yesterday that since it has lifted the state of force majeure last week, it has increased oil production from 560,000 barrels per day (bpd) to 860,000 bpd. It considers this a ‘‘relatively high volume of production’’ in such a short period of time. It further stated that it […] The post After lifting of force majeure, NOC increases oil production to 860,000 bpd appeared first on LibyaHerald .
After lifting of force majeure, NOC increases oil production to 860,000 bpd
Libya’s state National Oil Corporation (NOC) announced yesterday that since it has lifted the state of force majeure last week, it has increased oil production from 560,000 barrels per day (bpd) to 860,000 bpd. It considers this a ‘‘relatively high volume of production’’ in such a short period of time. It further stated that it […] The post After lifting of force majeure, NOC increases oil production to 860,000 bpd appeared first on LibyaHerald .