Saturday, July 29, 2017

Libyan Production Tops One Million BPD

The month of July has seen Libyan production top one million barrels. Currently the North African country is seeing flows of 1.069 million bpd, Reuters quoted a Libyan oil source as saying.

The figure is above a high of 1.05 million bpd reached earlier this month.

Libya’s production levels have been on a rollercoaster ride ever since the civil war to oust long-time dictator Muammar Qaddafi. Over the past several months the country’s production has seen a slow but steady increase.

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