The Organization of Petroleum Exporting Countries, OPEC, exempted Libya from canceling the agreed-upon increase of one hundred thousand barrels per day for the month of September

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Tripoli- The Organization of Petroleum Exporting Countries (OPEC) decided to cancel the production increase of one hundred thousand barrels per day for the month of September to keep production as it was last August, with the exception of Libya from canceling the increase that was agreed upon.

The announcement came during the participation of the Minister of Oil and Gas in the Government of National Unity, “Mohamed Aoun,” on Monday, in the thirty-second meeting of the oil and gas ministers of OPEC member countries and non-member countries via the zoom technology.

It was agreed at the meeting to cancel the production increase estimated at 100,000 barrels per day in September, so that production would remain as it was last August, with the exception of Libya from canceling the increase.

Source: Libyan News Agency