Libya, holder of Africa’s biggest oil reserves, is now pumping “more than a million” barrels a day as the oil industry recovers from months of armed conflict, the chairman of its state-run National Oil Corp. said.
The country will resume normal oil production by the middle of next year, Nuri Berruien told reporters in Cairo today, where he attended a meeting of the Organization of Arab Petroleum Exporting Countries, or OAPEC.
The North African nation was pumping about 1.6 million barrels a day in January, before the armed uprising began in February that eventually ousted leader Muammar Qaddafi.
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