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Libya increased production from almost nothing in September to about 1.3 million barrels a day this month after a truce between warring factions enabled the NOC to reopen many fields and ports.
Source: AFP/Getty Images
Salma El Wardany
Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect, the nation’s top energy official said.
The state-owned National Oil Corp. was forced to shut down a leaking pipeline on Saturday, which cut the OPEC member’s crude production by around 200,000 barrels a day.