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Markets

Libya's oil production at 1.032 million bpd

Published July 17, 2017 Updated July 17, 2017 07:46pm

BENGHAZI: Libya's national oil production stands at 1.032 million barrels per day (bpd), little changed from its level since the end of last month, an oil industry official said on Monday.

Libya's output rose above 1 million bpd in late June and has been fluctuating at up to 1.05 million bpd since then.

Output at Waha Oil Co, which operates a number of oil fields in Libya and has seen its production fluctuate because of power problems and pipeline leaks, has risen to 100,000 bpd from about 85,000 bpd last week after a power station came back online, according to a statement posted on Facebook.

 

Copyright Reuters, 2017

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