Arab Today, arab today arabian gulf oil back to prerevolution levels
Last Updated : GMT 09:09:51
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Oil production rising in new Libya

Arabian Gulf Oil back to pre-revolution levels

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Arab Today, arab today Arabian Gulf Oil back to pre-revolution levels

Libyan Arabian Gulf Oil Company logo
Tripoli- Agencies

Libyan Arabian Gulf Oil Company logo The Arabian Gulf oil company announced Tuesday, that its production has returned to its normal rates before the outbreak of the revolution in February last year. The chairman of the administrative committee of the company, Ahmad Almgebre said: \"The production of the company has reached 379,000 barrels per day; which is almost the normal rate before the revolution\".
Almgebre added, that reaching this rate is due to the huge efforts of all loyal users, their quest to overcome difficulties and solve problems the company had faced.
He said in a statement, published on the company\'s website, that the level of production returned to normal in record time, contrary to the expectations of international experts who stated that Libyan production would only return to normal after two years from the end of the war in October of last year.
Libyan oil production has exceeded 1,600,000 barrels per day. The Arabian Gulf oil company produces a quarter of this quantity.

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