Libya's National Oil Corporation (NOC) aims to boost oil production to 1.72 million barrels per day (bpd) by the end of March 2013.
According to the Libya’s NOC Chairman, Nuri Berruien, "we had some drops with production. Welcome to democracy and freedom of expression. We had strikes and we expect more of that but it is a healthy thing."
OPEC member Libya has surprised analysts by boosting production much faster than anticipated after last year's civil war to a current level of around 1.6 million barrels per day.