Libya needs around $3-4bn to reach its oil production target of 1.6mn b/d by the end of 2025, Oil Minister Khalifa Abdelsadiq says.
Libya last hit 1.6mn b/d in late 2010, just before the popular uprising that ousted longtime dictator Muammar Gaddafi, triggering over a decade of instability that has dealt a blow to the country’s lifeblood oil and gas sector (MEES, 19 January 2024). (CONTINUED - 710 WORDS)
