Repsol’s Chief Executive Officer, Josu Jon Imaz, has confirmed that oil production in Libya has reached new highs, crediting the support of the Libyan National Army (LNA) and agreements with local communities for enabling the company to resume and expand its operations.
Imaz announced that Repsol’s production peaked at 307,000 barrels per day during the current quarter, a significant rise compared to an initial net output of 43,000 barrels per day. “We successfully restarted 12 wells during the first and second quarters of 2025, and new wells will be connected in the coming months,” he said.
The CEO revealed that overall production in Libya is expected to grow by an additional 12,000 barrels per day in the near future. He also outlined the company’s plans for 2026, projecting that total output will reach 80,000 barrels per day as Repsol continues to invest in exploration and development projects.
“Resuming and increasing production has been made possible thanks to the agreements reached with local communities and the significant support provided by the Libyan National Army,” Imaz stressed. He added that maintaining security and stability in oil-producing regions remains a key factor in Repsol’s success in the country.
The Spanish energy giant is focusing on both the expansion of its existing fields and the development of new exploration projects in Libya. These efforts are part of a broader strategy to strengthen its footprint in North Africa, which remains a vital region for global energy supplies.
With Libya’s oil sector recovering, international energy firms like Repsol are expected to play a central role in boosting the country’s production capacity, contributing to economic stability and energy security.