NOC, Sirte Company review increasing oil production to 120.000 bpd.

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A joint meeting between the National Oil Corporation (NOC) and Sirte Oil and Gas Production and Manufacturing Company focused on discussing increasing the company’s daily production to 120.000 barrels.

The NOC said on Thursday that during this technical meeting with Sirte Company, its activity during the current year was reviewed, and projects to increase production to 120.000 barrels per day were discussed as soon as possible.

The company indicated that the meeting was held in the presence of the directors of the technical departments of the NOC, the chairman and members of the management committee of the company, and representatives of Al-Jawf, Libya Technology, Construction and the Research Center companies.

Sirte Oil and Gas Production and Manufacturing Company was established in 1981 and its headquarters is located in Marsa Al-Brega. It is one of the national oil companies affiliated with the National Oil Corporation, and its current production rate of crude oil is about 86.000 barrels per day.

On Wednesday, the NOC announced that Libya’s total production of crude oil, condensates and natural gas amounted to 1,543,603 million barrels. It confirmed in its periodic bulletin that crude oil production reached 1,267,706 barrels per day, while condensate production reached 51,435 barrels per day, and natural gas production reached 224,462 barrels.

SOURCElibyaobserver
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