From 100,000 b/d to 1.25mn b/d in just two months. Amazingly, that’s all it has taken for Libya’s National Oil Corporation (NOC) to return to ‘normal’ production levels following a damaging eight-month oil blockade (MEES, 24 January).
NOC chairman Mustafa Sanalla confirmed the figure after an 18 November virtual meeting with Total’s Mena E&P chief Stephane Michel at which they discussed ways to boost investment. Total is one of Libya’s top foreign producers with stakes ranging from the 300,000 b/d El Sharara concession to the offshore Al-Jurf field as well as the the shut-in Mabruk field in the Sirte Basin. (CONTINUED - 396 WORDS)