Libyan Oil Minister: We Will Produce 2 Million Barrels a day within 2-3 Years

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On Saturday, Libya’s Oil and Gas Minister, Mohamed Aoun, said that it may take Libya two to three years to export 2 million barrels oil per day as the country stabilizes.

Aoun explained that as soon as Libya emerged from conflict and the Government of National Unity (GNU) took over, things stabilized. This is when they started developing previous exploration projects and work commenced on the maintenance of working wells, surface equipment and pipelines.

The Minister added that “all these measures lead to the possibility of increasing production, but it needs financing, management and work companies, which need to ensure the safety of the country in all regions and the absence of security problems.”

He pointed out that appointments in the oil sector are part of a process that is subject to the assessments of those in charge of these sectors. He added that, “I advise all Libyans to look at Libya as a single unit.” The Minister noted that work in Libya is available to all Libyans, from any point in the country.

Aoun said that, “we will reach, through sound attempts and decisions, to high transparency and the opportunity for all Libyans. The country is rich with usable wealth, and what we need now is sound management and political will to implement mega projects that get the country out of its crisis and thus provide an opportunity for all Libyans to work and have a decent life.”