Libya's Mabruk Oilfield Resumes Production at 5,000 bpd

Libya's Mabruk oilfield has resumed production after a decade-long shutdown, with initial output set at 5,000 barrels per day and plans to reach 25,000 bpd by July. The National Oil Corporation (NOC) announced that production officially restarted on March 9, 2025, following a closure due to a terrorist attack in 2015 that resulted in significant equipment losses. Efforts are underway to enhance the nation's oil infrastructure, including transporting crude to the nearby Al-Bahi field. Libya aims to increase its overall oil output from 1.4 million barrels per day to 2 million by 2028, necessitating $3 billion to $4 billion in investments. This move reflects a broader ambition to stabilize the economy, heavily reliant on oil production, amid ongoing internal conflicts. The resumption of the Mabruk oilfield marks a significant step towards improving Libya's economic outlook and rebuilding its oil sector.