Akakus Oil Company has announced the completion of drilling the new well “B-52H” in the Sharara field, with a daily production capacity of up to 1,750 barrels of per day.

The company stated that the well drilling is part of its development plan for the field, according to a statement on its Facebook page on Monday.

The latest statistics issued by the National Oil Corporation showed that Libya’s oil production has reached 1,383,000 barrels per day.

Economy