
Libya’s oil production is running at above 800,000 barrels per day (bpd) for the first time since 2014, the National Oil Corporation (NOC) said on Wednesday, but a commercial dispute with German oil firm Wintershall has shut in a further 160,000 bpd.
Sanalla did not say what those terms were, but a Libyan oil industry source said the NOC was asking Wintershall to fulfill a commitment signed before the revolution in 2011 to switch to a production-sharing agreement, and that Wintershall was refusing to do so.
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