Libya’s National Oil Corporation (NOC) said the country’s oil production has climbed to its highest level in more than a decade, bringing the country close to achieving its strategic target of producing 1.5 million barrels per day.
According to an NOC statement, crude oil production reached 1,438,560 barrels per day on Sunday morning, while condensate production stood at 49,163 barrels per day. Total hydrocarbon output therefore reached 1,487,723 barrels per day, the highest level recorded since 2013.
The figures place Libya within reach of the production target announced earlier by the NOC, which aims to increase crude oil output to 1.5 million barrels per day by the end of 2026.
NOC Chairman Masoud Suleman praised the achievement during a meeting at the corporation’s headquarters in Tripoli attended by board members, executives from operating oil companies and senior officials from the corporation.
Suleman commended the efforts of Libyan oil workers and companies, saying their dedication and sacrifices had been instrumental in achieving the production milestone despite the challenges facing the sector.
He also praised the corporation’s technical and administrative teams for their continuous monitoring of operations across Libya’s oil fields and production facilities and for their rapid response to operational challenges.
The NOC chief said the corporation would continue working at the same pace to achieve its production target before the end of the year, stressing that higher output would support Libya’s economy and contribute to broader economic development.
Libya possesses Africa’s largest proven oil reserves, and the recent increase in production reflects ongoing efforts by the National Oil Corporation to rehabilitate infrastructure, develop existing fields and attract further investment into the country’s energy sector.