Oil Output now 350-380,000 bpd

The new chairman of the eastern-based National Oil Corporation (NOC) has said that Libya's oil production is currently running at between 350,000 and 380,000 bpd.

The report from Reuters suggests that this is in line with recent output figures provided by other Libyan officials.

Nagi Elmagrabi [Maghrabi], who last week took over from Al-Mabrook Abu Seif [Mabrook Buseif] , confirmed that customers were still dealing with NOC Tripoli but said he wanted to change this.

"We are about to announce an international conference in Benghazi so the world can meet the legitimate (state oil) firm," he told Egyptian TV channel CBC. "I call on the world to head this call and deal with NOC in Bayda."

(Source: Reuters)

(Oil image via Shutterstock)

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