Libya Oil Output Hits 800,000 Bpd

Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in just a few days, the report added. Libya started ramping up oil production in late September when the Libyan national Army agreed to a ceasefire with the Government of National Accord and lifted its blockade from oil facilities. During the more than eight months of the blockade, Libya’s oil output slumped from over 1 million bpd to less than 100,000 bpd. Since the lifting of the blockade, however,…