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OIL: Libya's NOC Says Crude Output Restored to 1.217mb/d

OIL

Libya’s National Oil Corp. says daily crude oil and condensate production has been restored to 1.217mb/d on Oct. 10 up from 1.158mb/d the previous day, according to Reuters.

  • Production is now close to levels seen before the recent central banker disagreement.
  • Libyan officials last week said all oil production in the country was being restored lifting force majeure measures at all ports and fields.
  • NOC says that Libya produced about 1.3mb/d before fields halted in late August and early September.
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Libya’s National Oil Corp. says daily crude oil and condensate production has been restored to 1.217mb/d on Oct. 10 up from 1.158mb/d the previous day, according to Reuters.

  • Production is now close to levels seen before the recent central banker disagreement.
  • Libyan officials last week said all oil production in the country was being restored lifting force majeure measures at all ports and fields.
  • NOC says that Libya produced about 1.3mb/d before fields halted in late August and early September.