Libya’s Agoco Oil Output to Pass Pre-Conflict Levels, IOD Says
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Libya’s state-owned Arabian Gulf Oil Co.’s crude output may rise to 450,000 barrels a day by the end of the year, surpassing pre-conflict levels, International Oil Daily reported, citing unidentified company officials.
The company, known as Agoco, is now producing about 400,000 barrels a day, IOD said. The additional output will come from the company’s Messla oilfield, according to the newsletter.