Ahmad 
Libyan oil production witnessed an increase during the past 24 hours, as production reached 1,276,344 barrels, compared to 1,273,577 barrels the previous day.
Data from the National Oil Corporation in Libya indicate that condensate production stabilized at the level of 50,69 barrels per day, while natural gas production reached 223,120 barrels equivalent per day.
According to these figures, the total production capacity for crude oil, condensates and natural gas rises to 1,549,533 barrels equivalent per day.
It is noteworthy that oil production in Libya in 2024 witnessed a noticeable improvement compared to previous years. According to January 2024 data, the average daily production reached about 1.2 million barrels, and in March 2024 daily production exceeded 1.5 million barrels for the first time since 2013.
The Libyan government aims to increase production to 1.4 million barrels per day by the end of 2024, with long-term plans to reach 2 million barrels per day by 2026.
The Supreme Council of State in Libya rejects the 2024 budget approved by the Libyan House of Representatives