NOC Board Announces Ambitious Plans to Push Production Levels to 2.
Pulbished on:
1 Million BPD by 2014.
Tripoli, 21 November 2019(Lana) The Chairman of the Board of the
National Oil Company Mustafa Sun'allah said the NOC was planning a
comprehensive strategy to make 2020 a year of major transition in the
history of NOC and Libya at large.
Sun'allah reviewed the strategy to be adopted by NOC starting
from 2020, which he said would be based on four bases, including
introducing a charter of NOC values to put in place standards of
profession and integrity, raising production levels from 1.25 bpd to
1.5 million bpd in 2020, and introducing a security plan of four
dimensions transparency, societal participation, combating smuggling
and finally launching the national plan to get production up to 2.1
by 2024, and raising gas output to 3.5 billion cubic meters by 2014.
=Lana=