Libya Seeks Up to $40 Billion to Boost Oil Output to 2 Million Bpd | HappeningNow.news

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Libya Seeks Up to $40 Billion to Boost Oil Output to 2 Million Bpd

Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise output to 2 million barrels daily by the early 2030s, the Financial Times has reported, citing National Oil Corporation chairman…

Source Summary Published August 18, 2026 Brief Under 1 min brief
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Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise output to 2 million barrels daily by the early 2030s, the Financial Times has reported, citing National Oil Corporation chairman Masoud Suleman.

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