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Libya’s Al-Waha Up its Oil Production

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Libya’s Al-Waha Up its Oil Production

(2 Minutes read)

Libya’s National Oil Corporation (NOC) announced that Al-Waha Company oil production reached 322,000 barrels of oil per day, compared to 280,000 barrels per day last year.

 Libya’s National Oil Corporation (NOC) announced that Al-Waha Company oil production reached 322,000 barrels of oil per day, compared to 280,000 barrels per day last year.

The NOC indicated that this comes within the framework of its plan to increase production rates, according to a statement on its Facebook page.

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According to the Central Bank of Libya’s recent data, Al-Waha Company led the list of oil-producing companies in Libya during the year 2023. The company produced 102.2 million barrels during this year, an increase of 8.5 million barrels (9%) over the year 2022.