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Libya considers oil increase to hit target of 2m barrels
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Libya considers oil increase to hit target of 2m barrels
Libya is considering raising its oil output to 1.6 million barrels per day next year, and 1.8 million bpd in 2027, the country’s oil minister, Khalifa Abdulsadek, said on Tuesday. “We have a mission to increase oil output to 2 million bpd in the next five years,” the minister said at the Adipec energy conference in Abu Dhabi, adding that production is currently around 1.4 million bpd. Abdulsadek told Reuters in January that the country needed be…
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