The head of the National Oil Corporation (NOC), Mustafa Sanallah, disclosed Wednesday that Libya's oil production stands at 1.25 million barrels, per day.

Sanallah's remarks came at a conference in Tunis, on the NOC's work and the projects executed by the institution, according to Reuters.

The NOC has revealed that it is seeking to boost the average daily production in the next two years, to the levels seen before 2011, estimated at 1.6 million barrels per day.

Economy