Libya Aims to Boost Oil Production to 2 Million Bpd by Early 2030s
Libya's National Oil Corporation (NOC) is confident the country could raise oil production to 2 million barrels per day (bpd) by early next decade from about 1.4 million bpd now, NOC chairman Masoud Suleman told Bloomberg in an interview published on Friday. A 2026 unified budget for Libya, brokered with the help of the United States, gives the NOC a “lifeline” of more than $2 billion (13 billion…
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