• #LIBYA
• #Economy
• #Energy
• #Hydrocarbons
• #Industry
• #NOC
• #Oil

The oil blockade on six extraction fields between mid-April and mid-July 2022 led to a drop of 865,000 bpd in oil production and nearly 220 million m3 in natural gas production per day. The cost of these three months of blockage is estimated at around 3.5 billion USD.

• #LIBYA
• #Business
• #Cooperation
• #Economy
• #EntreprisesLife
• #Gas
• #Hydrocarbons
• #InternationalTrade
• #News
• #NOC
• #Oil

Libya currently produces about 1.2 million barrels per day and aims to increase its production to more than 2 million barrels per day in the medium term. To achieve this, the authorities rely on strategic partnerships.

• #LIBYA
• #Economy
• #Industry
• #Institution
• #NOC
• #Oil
• #OPEC

Oil production drops to 729,000 barrels per day (b / d) due to forced shutdowns as country remains exempt from OPEC oil production quotas