Libya’s NOC says output of crude and condensate averaged 1.374mn b/d for 2025, celebrating a rebound after a turbulent decade and a half for the country’s lifeline oil and gas sector (MEES, 20 December 2024).
While MEES estimates for monthly figures in late-2025 show a slight drop from January’s 1.4mn b/d (MEES, 3 January 2025), the highest since May 2013, the average annual output for 2025 remains the highest in 15 years. But the failure to match January’s level since then shows how difficult it will be to push ahead to new heights for 2026. (CONTINUED - 746 WORDS)
