Libya's oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Wednesday, recovering from a drop earlier this month caused by fighting at two key oil ports. The fields are operated by Mellitah Oil and Gas, a joint venture between the NOC and Italy's ENI. The NOC said Mellitah is currently producing 41,000 bpd from onshore and offshore fields, as well as 43,000 bpd of condensate. Production at Waha oilfield, which was halted this month, has risen to 35,000 bpd, a field engineer said. Libya's output remains well below the 1.6 million bpd the North African country had been pumping before a 2011 uprising.

Source: Egypt Independent March 23, 2017 09:22 UTC