Libya targeting 50% oil output growth in five years – NOC chairman

Steady investment needed to unlock higher production from underutilised current assets, as bid round could be announced by end of 2024

Libya National Oil Corporation chairman Farhat Bengdara speaking at IE Week 2024 in London.
Libya National Oil Corporation chairman Farhat Bengdara speaking at IE Week 2024 in London.Photo: IE WEEK
Published 28 February 2024, 11:46Updated 28 February 2024, 11:46