CAIRO, Dec 24 (Reuters) - Libyan Oil Minister
Abdulrahman Ben Yazza said on Saturday there was a "gentleman's
agreement" in OPEC to accommodate Libya as it lifts oil
production back to levels before a civil war this year hit
output.
"There is a gentleman's agreement to accommodate Libyan
production," Ben Yazza told reporters on the sidelines of an
Arab oil ministers meeting in Cairo.
Libyan National Oil Corp (NOC) Chairman Nouri Berrouin
earlier told reporters at meeting that production levels in
Libya were now "a bit more than a million" barrels per day
(bpd). He said output would reach pre-war levels by mid-next
year.
The country produced about 1.6 million bpd before the civil
war which led to a virtual shutdown in supplies, according to
industry estimates.
(Reporting by Maha El Dahan and Amena Bakr; Writing by Edmund
Blair)
Abdulrahman Ben Yazza said on Saturday there was a "gentleman's
agreement" in OPEC to accommodate Libya as it lifts oil
production back to levels before a civil war this year hit
output.
"There is a gentleman's agreement to accommodate Libyan
production," Ben Yazza told reporters on the sidelines of an
Arab oil ministers meeting in Cairo.
Libyan National Oil Corp (NOC) Chairman Nouri Berrouin
earlier told reporters at meeting that production levels in
Libya were now "a bit more than a million" barrels per day
(bpd). He said output would reach pre-war levels by mid-next
year.
The country produced about 1.6 million bpd before the civil
war which led to a virtual shutdown in supplies, according to
industry estimates.
(Reporting by Maha El Dahan and Amena Bakr; Writing by Edmund
Blair)