Libya’s oil output hits 1.44 million bpd, highest since 2013

TRIPOLI – Libya’s National Oil Corporation (NOC) has announced that the country’s crude oil production has reached 1.44 million barrels per day, marking the highest output level since 2013.

The head of the NOC, Massoud Soleman, made the statement on Sunday, highlighting a significant recovery in Libya’s oil sector despite years of political instability and intermittent disruptions.

This milestone represents a major achievement for Libya, which possesses Africa’s largest proven oil reserves. Reaching 1.44 million barrels per day brings the country closer to its pre-2011 production levels and is expected to boost government revenues at a critical time for economic reconstruction.

The increase in output comes amid efforts by the NOC to stabilize operations across various oil fields and export terminals. Sustained higher production could play a key role in improving Libya’s fiscal position and supporting broader national stability.

Further details on the specific fields contributing to the recent surge and future production targets are expected to be released in the coming days.

This development is likely to be closely watched by international oil markets, as Libya’s production levels can have a notable impact on global supply dynamics.