Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, according to Finance Minister Khalid Al-Mabrouk. “[Exports] have risen to around 1.2 million barrels per day and I think will continue rising to reach …

The post Libya can pump 2 million bpd of oil by end 2022 under $1.1bn spending plan: Finance Minister first appeared on Hellenic Shipping News Worldwide. Source