Libya’s National Oil Corporation (NOC) is set to double output to around 700,000 b/d by the end of October following the restart of the 300,000 El Sharara concession and a sizeable boost at its 200,000 b/d Sarir field.
NOC had quickly managed to raise output to around 300,000 b/d following an eight-month forced closure which slashed production from around 1.2mn b/d to just 100,000 b/d (MEES, 25 September).And with the most recent rises output is thought to be pushing 500,000 b/d. (CONTINUED - 851 WORDS)
