Libya’s NOC says output of crude and condensate hit 1.47mn b/d on 31 December, ending on a high note what has otherwise been a turbulent year for the country’s lifeline oil and gas sector (MEES, 20 December 2024).

The NOC announcement puts crude output alone at 1.417mn b/d, exceeding the end-2024 target of 1.4mn b/d by “more than 17,000 b/d” (MEES, 15 November 2024). (CONTINUED - 848 WORDS)