Libya’s NOC says output to rise as it seeks to revive oil industry
Libya’s National Oil Company said it expected oil production to rise to 260,000 barrels per day (bpd) next week, as the OPEC member looks to revive its oil industry, crippled by a blockade since January.
The NOC said on Tuesday it was resuming exports at Zueitina oil terminal, in addition to Marsa El Hariga and Brega terminals, after assessing the security situation at the port and connected fields.
The state-run producer said it was still evaluating other ports and fields.