(Bloomberg) — Libya’s oil production is rising rapidly toward 1 million barrels a day, as a truce in the nation’s civil war allows the state energy firm to ramp up operations at previously idled fields and ports.Daily crude output has reached 800,000 barrels and the country is targeting 1.3 million by the beginning of 2021, Mustafa Sanalla, the chairman of state-run National Oil Corp., said in an interview Saturday in the eastern city of Brega.The OPEC member was pumping less than 100,000 barrels a day in early September. The quick revival of its production — following an almost total shutdown …read more
Source:: Yahoo Finance
