Libya, Turkey set $5B trade target
Turkish Trade Minister Omer Bolat announced during an official visit to Tripoli, that Libya and Turkey have agreed to establish
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this week reaching 1,388,781 barrels. Condensate production was also up, reaching 55,693 barrels. However, natural gas production saw a small decline, falling to 2.465 billion cubic feet. The NOC has yet to explain the drop in natural gas production. Libya has the largest oil reserves in Africa and plays a pivotal role in the global energy market.
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