Libya Reaches Highest Oil Output Since 2013 Amid Investment Push

Libya has raised crude oil production to its highest level in 13 years, underscoring a revival of its energy sector after more than a decade of political turmoil, infrastructure disruptions, and underinvestment. Masoud Suleiman, chairman of Libya’s National Oil Corporation (NOC), said crude production has climbed to 1.43 million barrels per day (bpd), while condensate […] The post Libya Reaches Highest Oil Output Since 2013 Amid Investment Push appeared first on The Middle East Observer.