The Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir has reviewed with the Chairman of the National Oil Corporation (NOC) Farhat Bengdara the necessary support for the NOC efforts that aim to increase and stabilize oil and gas production. 

The meeting, which was held at Al-Kabir's office, discussed the NOC's operational and development plan, which aims to raise production to 2 million barrels per day (pbd), knowing that according to the latest statistics issued by the NOC, crude production reached 1.214 million bpd, while condensate production reached 18.000 bpd in the past two days.

Al-Kabir also held a meeting on Wednesday with the Minister of Finance Khalid Al-Mabrouk. The meeting, which took place in the presence of a number of directors of the relevant departments of the CBL, touched upon three files, including strengthening joint cooperation between the ministry and the CBL, following up on public spending, and coordinating with international and regional institutions.

The meeting of Al-Kabir and Al-Mabrouk came a day after one with the Head of the Presidential Council, Mohammed Menfi, and the Prime Minister Abdul Hamid Dbeibah, which was held on Tuesday to discuss a number of files, including the comprehensive national mechanism for setting spending priorities for 2023, and the development chapter for 2022.