Libya's oil production operations continue normally
Libya's oil sector maintains normal production despite regional tensions
The National Oil Corporation (NOC) issued an official statement early Saturday confirming that all operations across Libya's oil fields and ports continue to function normally and safely, with no disruptions to production.
The statement, obtained by 'Libyan Express,' states the NOC's commitment to maintaining stable production while following safety and security standards.
The NOC indicated that oil and gas production and export operations are proceeding without any impact from the current security or economic conditions, providing reassurance to both domestic and international partners.
The corporation released production data for the past 24 hours, reporting crude oil production of 1,376,415 barrels, condensate production of 40,914 barrels, and natural gas production of 2.560 billion cubic feet.
The NOC acknowledged the efforts of its workforce—engineers, technicians, and administrative staff—across all production sites, noting their role in ensuring supply continuity and maintaining international confidence in Libya's energy sector.
The corporation described itself as a technical and technological organization working with 'a national and responsible spirit' to maintain stability in Libya's oil and gas sector and protect the country's sovereign wealth for all Libyan citizens.
This statement comes as energy news outlet 'MEES' has warned about potential impacts from recent clashes in Tripoli on Libyan oil production, at a time when the country is seeking investments to develop its energy sector.
According to Central Bank of Libya data, the country faces a trade deficit, with oil revenues and royalties through April amounting to $7.346 billion, while foreign exchange expenditures reached $11.871 billion—resulting in a deficit of approximately $4.525 billion, unchanged since March.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Libyan Express
7 hours ago
- Libyan Express
Economist notes points in Central Bank of Libya report
Central Bank of Libya Headquarters Economic analyst Mukhtar Al-Jadid stated that the Central Bank of Libya's report issued yesterday contains notable points requiring attention and analysis, though he postponed detailed discussion until after the Eid al-Adha holiday. In a Facebook post, Al-Jadid observed the inclusion of fuel expenditure figures for the first time in four years, noting this indicates the conclusion of the barter system previously in use. Al-Jadid linked the appearance of the fuel bill data to activities by advocates and individuals focused on public affairs through media and social media channels. He acknowledged their role in highlighting the matter. The analyst recognised those who participated in discussions about financial transparency and called for continued attention to such matters. The Central Bank of Libya operates within Libya's current political framework, with various institutions providing oversight of its functions. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
a day ago
- Libyan Express
Greece seeks Egyptian intervention over Libya-Turkey maritime agreement
BY Libyan Express Jun 05, 2025 - 23:58 Updated: Jun 05, 2025 - 23:59 Greek Foreign Secretary George Katrougalos Greece is reportedly preparing to ask Egypt to help prevent eastern Libya from ratifying a maritime agreement with Turkey, according to Middle East Eye . Greek Foreign Secretary George Katrougalos is expected to discuss the matter with Egyptian Foreign Minister Badr Abdel Ati during meetings scheduled for next Wednesday, the British-based news website reported. The potential ratification by Libya's eastern government, led by Prime Minister Osama Hamad and backed by military commander Khalifa Haftar, could significantly alter the balance of power in the Eastern Mediterranean. The region has become increasingly important as nations seek to develop natural gas reserves. Should eastern Libya endorse Turkey's maritime claims, it would mark a substantial diplomatic victory for Ankara's efforts to expand its influence in the Mediterranean. Such a move would also align all Libyan factions with Turkey's position on territorial waters. The eastern Libyan government's potential support for the Turkey agreement would conflict with the existing 2020 maritime accord between Egypt and Greece. Whilst Egypt did not fully recognise all Greek claims to exclusive economic zones around Greek islands in that agreement, significant portions of it contradict the Turkey-Tripoli deal. According to Middle East Eye, Haftar and his associates are currently working to strengthen relationships with Turkish officials. The report suggests they may delay any formal decision on the maritime agreement rather than immediately approving or rejecting it. The situation highlights ongoing tensions over territorial claims and energy resources in the Eastern Mediterranean, where multiple nations have competing interests in establishing maritime boundaries and extraction rights. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
25-05-2025
- Libyan Express
Libyan entities dispute financial transfer allegations
Libyan organisations dispute money transfer reports Two Libyan organisations have rejected claims published by an American digital publication, stating they will pursue legal action over what they describe as inaccurate reporting. The Tebyan platform, which is connected to Libya's Government of National Unity, and Libyan Airlines have both issued statements disputing assertions made by the Washington Eye website concerning alleged financial transfers by Libyan officials. Tebyan said the Washington Eye's report about fund transfers by Libyan authorities lacked reliable sources. The platform described the American outlet as a recently established entity operating within what it called a 'regional media disinformation network' targeting Libya's stability. According to Tebyan's statement, the report was attributed to what it claimed was a fictitious individual. Libyan Airlines separately disputed specific claims about one of its flights, describing the Washington Eye's coverage as containing false information. The carrier said assertions about flight LN203 were inaccurate. The airline stated that the flight in question operated between Alexandria Airport and Mitiga Airport, differing from the publication's claim that it travelled from Mitiga to Istanbul. Libyan Airlines described itself as a commercial carrier separate from political matters, saying it was surprised to be involved in political disputes. Both organisations said they reserved the right to take legal action against media outlets that published or promoted the disputed information without verification. The Washington Eye had cited unnamed Turkish sources claiming that Abdul Hamid Dabaiba, head of the Government of National Unity, personally oversaw the transfer of more than $400 million to Turkey over the past week. The website alleged these transfers occurred through regular Libyan flights operated by individuals connected to Dabaiba, coinciding with Libya's political instability and increased scrutiny of such operations. The Government of National Unity and Dabaiba's office have not issued separate responses to the allegations.
