Petroleum Africa
Find us on: 
Monday, August 17, 2015
Libya is currently seeing production rates of between 350,000 and 380,000 bpd according to the new chairman of National Oil Corp. (NOC) of the official government in the East, Nagi Elmagrabi. The production rates from this North African producer are over a million bpd short of what it was producing before its civil war.
The official government set up its own NOC although customers have refused to deal with it, preferring to pay through existing channels via the NOC of the government in Tripoli. Maghrabi said he wanted to change this.
“We are about to announce an international conference in Benghazi so the world can meet the legitimate (state oil) firm,” he told Egyptian TV channel CBC during a visit to its neighboring country.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
