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What will be Libya's national oil production level by June 30, 2025?
2
Resolution / Starting Odds
Below 1.5 million barrels per day • 25%
1.5 to 1.7 million barrels per day • 25%
1.7 to 1.9 million barrels per day • 25%
Above 1.9 million barrels per day • 25%
Official announcements from Libya's National Oil Corporation (NOC) or credible news sources
Story
Libya's 300,000 b/d Sharara Oil Field Shuts Down Amidst NOC's Production Increase Plans
Aug 3, 2024, 07:51 PM
Libya's Sharara oil field, which produces 300,000 barrels per day, is being shut down. The partial closure was carried out by a group affiliated with the General Command of the Libyan Army in the East, with protestors now inside the field. This development comes shortly after Libya's National Oil Corporation (NOC) announced a plan to increase national oil production to 2 million barrels per day by 2027, having recently reported a production level of 1.5 million barrels per day. The Sharara field shutdown has raised concerns over Libya's ability to meet its oil production targets.
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Restored to pre-blockade levels • 25%
Increased but below pre-blockade levels • 25%
No significant change • 25%
Further decreased • 25%
Resumed to pre-halt levels • 25%
Resumed but below pre-halt levels • 25%
Still halted • 25%
Increased beyond pre-halt levels • 25%
Yes • 50%
No • 50%
Increase by more than 1 million barrels per day • 25%
Increase by 500,000 to 1 million barrels per day • 25%
Increase by less than 500,000 barrels per day • 25%
No significant increase • 25%
Eni • 25%
BP • 25%
TotalEnergies • 25%
Other • 25%
Ghadames • 25%
Sirte • 25%
Murzuq • 25%
Other • 25%