Libya’s National Oil Corporation (NOC) is holding talks with international oil companies that could result in increased investment and production in Libya’s oil industry, if security across the country improves, NOC chairman Mustafa Sanalla has recently told S&P Global Platts . Libya’s oil production has just hit its highest level since 2013 , Sanalla said earlier this week. If the security situation in the country improves, production could further rise from the recent 1.278 million bpd, Sanalla said. The country could lift production by “hundreds of thousands” of barrels of oil per day, security permitting, the head of the national oil company told Bloomberg over the weekend. Libya still has plans to raise its oil production to 2 million bpd and beyond by 2022, Sanalla told S&P Global Platts after attending the OPEC/non-OPEC panel meeting in Algeria on Sunday, where the partners in the deal discussed the state of […]