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Home Africa

Libya Leads African Countries in Oil Production

August 11, 2024
Libya Leads African Countries in Oil Production
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Libya topped African countries in oil production in 2023, with 1.189 million barrels per day, according to OPEC data.

Nigeria came in second place, with production last year reaching 1.187 million barrels per day, followed by Angola with a daily production of 1.098 million barrels in 2023.

Issa Al-Areibi, the head of the Energy and Natural Resources Committee in the Libyan House of Representatives, has emphasised the urgent need for the Libyan government to respond to the demands of citizens in oil and gas-producing regions by providing essential services.

Al-Areibi’s statement came amid circulating rumours about the closure of the Sharara oil field in southwest Libya.

He stressed the importance of the government addressing the legitimate needs of the affected citizens to ensure continuous service delivery for a decent living.

Libay’s National Oil Corporation (NOC) held a technical meeting with Sirte Oil Company at its headquarters in Marsa el-Brega to discuss its activities for the current year.

The meeting focused on projects aimed at boosting production to 120,000 barrels per day as soon as possible and addressing the challenges faced.

The meeting was attended by the technical department managers of the corporation, the chairman and members of the management committee of Sirte, and representatives from Al-Jouf, Libya Technology, Construction, and the Research Center.

Last month, the NOC officially denied conducting any negotiations regarding crude oil supplies to Nigeria’s Dangote Refinery, according to a statement released on the X platform.

This announcement contradicts claims made last week by a senior executive at the Dangote Refinery, who told Reuters that the company was in talks with Libya to procure crude oil for its facility, which boasts a capacity of 650,000 barrels per day.

Tags: Libyaoil production
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