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Libya's Oil Output Hits Decade High, Targets 2 M bpd.

6/19/2026

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Story summary
  • NOC said the Al-Khair well produces 3,209 barrels of oil and 1.95 million cubic feet of gas.
  • Chairman Masoud Suleiman reported Libya’s crude output reached about 1.43 million barrels per day, a decade-high.
  • NOC targets 2 million barrels per day through new exploration, field rehab and infrastructure investment.
  • In February, a licensing round granted acreage to Chevron, Eni, QatarEnergy, Repsol and Aiteo, while east and west administrations keep Libya at risk of disruptions.