Libya is producing 1.2 million barrels of oil per day

Libyan oil production stands at about 1.2 million barrels per day, according to Mohamed Oun, Libya’s oil minister.

Within two or three years, we hope to reach the 2010 level of 1.6 million BPD, he said.

Libya’s decision to lift force majeure on oil and gas exploration, which was announced last week, to encourage foreign oil companies to return to the country, he said.

Image Credit: Maria Lupan/Unpslash

Tags : Libya, Oil