Libya’s Oil and Gas Minister Khalifa Abdul-Sadig said the country is working to boost sustainable oil production to two million barrels per day while cutting gas flaring, the wasteful burning of gas released during extraction.
He spoke at the Baghdad Energy Forum, which gathered Arab and international ministers along with major energy companies.
Abdul-Sadig highlighted Libya’s position as a key regional energy supplier during a session titled “Balancing National Interests and the Global Energy System.”
He stressed the importance of aligning the priorities of producing countries with the stability of international markets.
He also called for fair and sustainable partnerships that ensure mutual benefits, economic growth, and long-term development in the Middle East and globally.
The minister attended the event with the Libyan consul in Iraq, an advisor, and the director of the ministry’s Office for International Cooperation.
Libya currently produces an average of 1.2 to 1.3 million barrels of oil per day, according to estimates from the National Oil Corporation (NOC) and OPEC.
Production has remained relatively stable after years of sharp fluctuations caused by internal conflict and repeated shutdowns of terminals and pipelines.
The NOC had already set a target of two million barrels per day by 2027, supported by investments in infrastructure, the development of new fields, and agreements with international partners.
The ministry’s current roadmap builds on this target, presenting it as a cornerstone of Libya’s economic recovery and revenue diversification strategy.
source: .agenzianova.com
