NYSE:IVAN.WS - Post by User
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trader2dayon Aug 30, 2014 11:13pm
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Reuters: NOC production now 5 times the level 2 months ago
Reuters: NOC production now 5 times the level 2 months ago Libya's oil production rises to 665,000 bpd-NOC
(bpd)from 650,000 bpd earlier this week, a spokesman for the state-run National Oil Corp (NOC) said on Thursday. Oil production in Libya is now more than five times the level of two months ago, in a rare success for the economy at a time when armed groups and two parliaments fight for control of the North African country.
Libya's Waha Oil Co. has resumed a small volume of Es Sider crude oil production, a senior Libyan oil official said earlier on Thursday. (Reporting by Feras Bosalum in Benghazi; Writing by David Sheppard in London; Editing by Mark Potter)