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أخبار ليبيا 24
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أخبار ليبيا 24

2026-08-07T15:27:19.000Z

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أخبار ليبيا 24

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Oil firm plans 2M barrel increase with $36B by 2031

Oil firm plans 2M barrel increase with $36B by 2031

The National Oil Corporation revealed that its goal is to increase its production to two million barrels per day by 2031, requiring an investment of $36 billion to achieve this target. The head of the corporation, Massoud Suleiman, explained that the expansion plan includes major projects to enhance production capacity, with a focus on improving infrastructure and utilizing modern technologies. This plan aims to bolster the country's economy by increasing oil output and meeting both domestic and global demand.

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