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EXCLUSIVE: Libya to flow at 1 million b/d within five months

NOC chief Berouin sets output targets for Libyan production

Libyan oil production will come on stream within the next two weeks and reach 1 million barrels a day (b/d) within five to six months, the head of the country’s National Oil Company (NOC) told Petroleum Economist today. Nuri Berouin said production from the Sarir and Misla oilfields, in Libya’s southeast, would be first on stream and exports, through a pipeline to the Marsa el Hariga port, next to Tobruk, would begin “seven to 10 days later”. The area around the oilfields was now secure, he said, adding that Arabian Gulf Oil (Agoco), the NOC unit that operates the fields, had already flown workers to the installations and would be sending more this week. Work to restore the fields had bee

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