Libya’s hydrocarbon production has reached nearly 1.5 million barrels per day, a level not seen in 13 years, bringing the country closer to its strategic goal of reviving the energy sector.
The Libyan National Oil Corporation (NOC) announced that daily production of crude oil and condensate reached 1,487,723 barrels per day, marking its highest level since 2013. This increase brings the Libyan oil sector closer to the symbolic threshold of 1.5 million barrels per day, which is considered by the authorities as a priority objective to support the country’s economic recovery.
According to data released by the NOC, crude oil production reached 1,438,560 barrels per day, while condensate production accounted for 49,163 barrels per day. These results were presented at a meeting held at the company’s headquarters in Tripoli, chaired by Massoud Sulaiman and attended by members of the board of directors, representatives of the oil companies, and directors of the relevant technical departments. This performance carries particular importance for the Libyan economy, which is heavily dependent on hydrocarbon revenues. After several years marked by political instability, production interruptions, and blockades at some oil terminals, the return to levels close to 1.5 million barrels per day serves as a highly positive signal for the markets and for the country’s public finances.
The NOC chairman described this progress as a significant achievement for the entire national energy sector. Massoud Sulaiman commended the efforts of the workers in the oil fields and production facilities, who made it possible to maintain operations despite persistent operational difficulties. He also paid tribute to the technical teams responsible for monitoring operations, resolving logistical constraints, and ensuring the continuity of production. This increase comes as Libya actively seeks to consolidate its position among Africa’s leading oil producers, with authorities relying on infrastructure rehabilitation, improved transportation capacity, and stable operations to continue increasing production in the coming months. Beyond its energy significance, this momentum represents a major economic opportunity as increased export volumes are expected to boost government revenue, support infrastructure investment, and contribute to stabilizing the national economy.
MK/AK/te/Sf/fss/abj/APA