The National Oil Corporation (NOC) announced, on Friday, that the production of crude oil in the country reached 1.194 million barrels during the past 24 hours, and the production of condensate reached 55,000 barrels.

Production increased by 31,000 barrels per day, compared to the last production statistic issued by the NOC, last Monday, as it reached 1.163 million barrels per day, and 48,000 barrels of condensate.

Oil and Gas Minister Mohamed Aoun said in a press statement that Libya's production of crude oil is recovering day after day, stressing that Libya is still excluded from the production cuts agreed upon by the OPEC countries.

Economy