Libya’s Oil Production Rises Further

Libya’s crude oil production continues to increase as one of its companies has nearly doubled its output to 100,000 barrels per day (bpd) compared to production levels before the blockade of Libyan oil ports and oilfields in January.  Libya’s Sirte Oil and Gas Production and Processing Company has nearly doubled its crude oil production to over 100,000 bpd, compared to the average 55,000-bpd production rate before the blockade, the National Oil Corporation (NOC) said in a statement. Sirte Oil and Gas carried out a program to boost…