Libya’s crude output averaged 1.24mn b/d for July according to MEES estimates, the highest monthly figure since June 2013. This comes as drilling activity in recent months has approached post-revolution highs, with NOC claiming output gains across several concessions.
On a daily basis, the 1.277mn b/d output figure reported by NOC on the 25 July is also the highest in at least a decade. (CONTINUED - 321 WORDS)