Libya is working on increasing its oil production to 2 billion barrels per day both for domestic production and exports outside the country, Mohamed Aoun, the oil minister of Libya's government of national unity, told SputnikTRIPOLI (UrduPoint News / Sputnik - 26th January, 2023) Libya is working on increasing its oil production to 2 billion barrels per day both for domestic production and exports outside the country, Mohamed Aoun, the oil minister of Libya's government of national unity, told Sputnik. "We are increasing the production up to 2 billion barrels of crude oil (per day)," Aoun said. The official added that extending gas production would take from three to five years, according to the plan. It is possible that there will be enough surplus for domestic consumption, and the rest can be exported," Aoun told Sputnik. In October 2022, the Libyan National Oil Corporation (NOC) signed agreements with Italian oil giant Eni and the United Kingdom's BP on offshore gas exploration.

Source: Libya Today January 26, 2023 16:20 UTC