Middle East Economic Survey
VOL. LIV
No 49
5-Dec-2011
Libyan Output Breaks Through 800,000 B/D Mark
Libya’s crude oil production hit 840,000 b/d, state-owned National Oil Corporation (NOC) announced on 29 November. The oil sector’s impressive recovery – NOC and foreign partners have been adding over 75,000 b/d every week since production restarted in early September – comes as Libya’s new oil leadership beds in and works to restructure the country’s...
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