The National Oil Corporation confirmed that crude extraction reached 1.44 million barrels on Sunday, supplemented by 49,163 barrels of condensate. This collective output brings the state-run entity within a hair’s breadth of its stated objective to hit 1.5 million barrels of daily crude production. The rebound reflects a broader trend of international oil companies re-engaging with the country’s infrastructure as local operations stabilize.
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Libya Reaches 13-Year Oil Production Peak of 1.49 Million Barrels Daily
With crude and condensate output surging to 1.49 million barrels per day, Libya has reclaimed a vital stake in the global energy market. This milestone, the highest level recorded since 2013, places the nation firmly back among Africa’s top producers, signaling a recovery from years of persistent political instability.
During a meeting in Tripoli, board chairman Masoud Suleman attributed the success to the technical staff working through volatile conditions. While the current figures represent a significant victory for the Libyan economy, Suleman emphasized that the momentum must hold. The corporation has set a deadline for late 2026 to firmly establish these higher production rates, aiming to anchor the country's long-term economic revival.
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