NOC’s Sanalla confident Libya will reach oil production targets.
NOC reaffirms its objectives for next year, in term of Oil production. Libya’s National Oil Corporation chairman, Mustafa Sanalla has dismissed claims by international oil experts that Libya will be unable to increase its oil production to its intended target of 800,000 bpd in 2017 or even by 2018. At a London energy conference in January this year, Sanalla had predicted that oil production could reach 1.25 million bpd by the end of 2017 and 1.6 million bpd by 2022. NOC’s chairman told that the target is reachable, the reduction of Libyan production was due to division inside the country and the control of some pipelines by some militias, the NOC affirms that everything is under its own control now.