MAST GUARDING

Libya’s Oil Output Is at Three-Year High and Rising

By Grant Smith and Laura Hurst
Libya is pumping 715,000 barrels a day of oil, the most since 2014, and is on track to keep boosting output this year as the country restores much of the production lost amid political chaos and conflict, the state oil company’s chairman said.
Blockades at the North African state’s main oil ports have ended, and output may reach 1.25 million barrels a day by the end of 2017, National Oil Corp. Chairman Mustafa Sanalla said Tuesday at a conference in London. Additional production may create a challenge for OPEC and other major suppliers that agreed to pump less crude starting Jan. 1 in an effort to end a global glut.
To continue reading, please click here.
Source: bloomberg.com

Share this article

Facebook
Twitter
LinkedIn

Contact MAST Guarding

PHONE

24/7 Control room:
0207 9380921

EMAIL

protection@mast-security.com

ADDRESS

Third Floor, 1 St Andrew’s Hill, London, EC4V 5BY 

Get in touch

Main Office: +44 (0) 1279 216726

Risk Consulting
Email: Riskconsulting@mast-security.co.uk
Call: +44 (0) 1279 874 528

Physical and Asset Security
Email: Protection@mast-security.com
Call: +44 (0) 1279 874 529

Security Systems
Email: Technology@mast-security.com
Call: +44 (0) 1279 874 521

Maritime Security
Email: Operations@mast-security.co.uk
Duty Manager: +44 (0) 7827 359132
24/7 Emergency Telephone+44 (0) 1202 045 833

Mast logo icon

Get in touch

Main Office: +44 (0) 1279 216726

Risk Consulting
Email: Riskconsulting@mast-security.co.uk
Call: +44 (0) 1279 874 528

Physical and Asset Security
Email: Protection@mast-security.com
Call: +44 (0) 1279 874 529

Security Systems
Email: Technology@mast-security.com
Call: +44 (0) 1279 874 521

Maritime Security
Email: Operations@mast-security.co.uk
Duty Manager: +44 (0) 7827 359132
24/7 Emergency Telephone+44 (0) 1202 045 833