In a meeting with the Dutch ambassador to Libya on Sunday, the Libyan Minister of Oil and Gas, Mohammed Oun affirmed that the oil and gas production rates will be boosted by the end of this year, provided that three conditions are met for oil output to reach two million barrels.
Oun highlighted the significance of the Dutch oil and gas corporation, Shell, and the history of its work in the Libyan energy sector as he spoke about a variety of topics, including the attempts to enhance oil and gas output in collaboration with specialist foreign companies; according to Libya Observer.
According to the Oil and Gas Ministry’s Facebook page, Oun assured the Dutch ambassador that the production goal of two million barrels could be reached in the coming years with the necessary efforts, highly effective work, and collaboration with foreign companies. The ministry also stated that production will be increased in the near term by the end of 2023.
Additionally, it stated that the Dutch ambassador had reaffirmed his nation’s interest in the Libyan market and that efforts would be made to entice Dutch businesses to relocate there. He reaffirmed their desire to take part in and work together to expand the oil sector through programmes of advanced training, particularly in the areas of renewable energy and natural gas.