National Oil Corporation chairman Mustafa Sanallah said today that oil production had passed 554,000 bpd and was on track to hit the 900,000 bpd mark by the end of the year.
Sanallah has been in Paris where he had talks with the top managements of French oil firm Total and Italy’s ENI. While both these companies have offshore properties in Libya, in the wake of collapsing security, Total abandoned its onshore operations in 2013 and two years later took a $755 million write-down on its Libyan assets.
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Source: libyaherald.com
intel reports
Security and Risk Report 24/05/23
MAST’s security report issue 370 is available to read now. In the Gulf of Guinea, the US Consulate has praised the efforts of the Nigerian
May 24, 2023 No Comments
