The National Oil Corporation (NOC) announced today, Monday, its production rates for crude oil, natural gas, and condensates over the past 24 hours.
Data from the Corporation showed that crude oil production stabilised at 1.376 million barrels, the same level reported yesterday, Sunday. Meanwhile, condensate production reached 52,409 barrels.
The Corporation also indicated that natural gas quantities produced during the same period totaled 2.601 billion cubic feet, marking a slight increase compared to yesterday’s production of 2.599 billion cubic feet.
The National Oil Corporation (NOC) aims to increase its production rates by 247,000 barrels within one year. Achieving this target is conditional on securing $3 billion in funding from the Government of National Unity, in consultation with the Central Bank of Libya.
