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Libya oil production increases to 1.2 million bpd

An official source from the National Oil Corporation (NOC) revealed during press statements that the total oil production in Libya increased on Friday to 1.2 barrels per day.

According to what the source confirmed to Reuters, Libya’s oil production increased from one million and 45 thousand barrels per day.

Earlier, the NOC revealed that it achieved record revenues during the months of November and December, exceeding 4 billion, recording 4 billion and 321 dollars, noting that the total revenues achieved during the past year amounted to 21 billion and 555 thousand dollars.

The NOC added in a statement that it achieved in November 1,968 dollars in crude oil, followed by gas and condensates, which amounted to 92,335 dollars, while the net revenues of oil products were 46,093 dollars, and petrochemicals revenues amounted to 4,489 dollars, bringing the total net revenues for the month of November to $2,111.

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