Free Trial

Libya Targets 2mn bpd Crude Production in 3-5 Years

OIL

Libya’s National Oil Corporation (NOC) plans to increase domestic oil production to 2 million barrels per day the company said in a statement.

  • The timeframe to achieve that output is placed at three to five years.
  • Libya’s crude output reached 1.215 million bpd in January.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.