The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, inaugurated on Friday the Sinoun oil field in Nalut, west of the country.

Sanallah said that “Sinoun is considered the first field to be developed after the revolution of the 17th of February 2011, as part of the corporation’s plan to increase Libyan oil production”.

He explained that the field will initially produce 10,000 thousand barrels of crude oil per day until it is developed to reach its maximum production capacity of 50,000 thousand barrels per day.

Economy