{"id":257551,"date":"2026-07-15T22:22:32","date_gmt":"2026-07-15T20:22:32","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=257551"},"modified":"2026-07-16T22:26:32","modified_gmt":"2026-07-16T20:26:32","slug":"al-shalwi-akakus-achieving-its-highest-production-since-2014-is-a-key-indicator-of-the-sectors-recovery-and-its-ability-to-reach-even-higher-levels","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/al-shalwi-akakus-achieving-its-highest-production-since-2014-is-a-key-indicator-of-the-sectors-recovery-and-its-ability-to-reach-even-higher-levels\/","title":{"rendered":"Al-Shalwi: Akakus Achieving Its Highest Production Since 2014 Is a Key Indicator of the Sector’s Recovery and Its Ability to Reach Even Higher Levels"},"content":{"rendered":"\n

Oil and economic expert Abdulmonsef Mahmoud Al-Shalwi<\/strong> said in an exclusive statement to our source that Akakus Oil Operations Company<\/strong> recording a daily production rate of 332,056 barrels of crude oil<\/strong>\u2014its highest level since 2014<\/strong>\u2014is a positive indicator reflecting the success of the technical and operational efforts undertaken within Libya’s oil sector. He added that it also demonstrates the ability of national expertise to restore advanced production levels despite the challenges the sector has faced over the past years.<\/p>\n\n\n\n

Al-Shalwi explained that this achievement is not merely a production figure, but rather reflects the success of field development programs, the drilling and connection of new wells, improvements in facility efficiency, and enhanced operational reliability. These are all fundamental factors in ensuring sustainable production rather than only achieving temporary increases.<\/p>\n\n\n\n

He added that Akakus’ accomplishment aligns with the National Oil Corporation’s (NOC)<\/strong> strategy of increasing production capacity and maximizing the use of existing infrastructure. He stressed that sustaining these results requires maintaining investment in maintenance, development, and exploration activities to strengthen the sector’s production capacity over the medium and long term.<\/p>\n\n\n\n

Al-Shalwi emphasized that higher output from one of Libya’s largest oil fields has a positive impact on the national economy by increasing oil exports and boosting public revenues. This, he noted, provides greater fiscal space to support development programs and improve economic stability, particularly amid the relative improvement currently seen in global oil markets.<\/p>\n\n\n\n

He further pointed out that Libya’s oil sector still possesses significant growth potential, whether through developing existing fields, rehabilitating idle fields, or accelerating the implementation of strategic projects. He affirmed that achieving even higher production rates remains a realistic objective if the current pace of work continues and a stable operating environment and the necessary institutional support are maintained.<\/p>\n\n\n\n

Al-Shalwi concluded by congratulating the management of Akakus Oil Operations Company<\/strong> and all employees working in the oil fields, operational sites, technical departments, and support units. He praised their professional efforts, which played the primary role in achieving this milestone. He also commended the role of the National Oil Corporation<\/strong> in supporting its national subsidiaries and implementing production growth plans, expressing confidence in the Libyan oil sector’s ability to achieve further successes in the coming period and strengthen Libya’s position as one of the region’s and the world’s leading oil producers.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil and economic expert Abdulmonsef Mahmoud Al-Shalwi said in an exclusive statement to our source that Akakus Oil Operations Company recording a daily production rate of 332,056 barrels of crude oil\u2014its highest level since 2014\u2014is a positive indicator reflecting the success of the technical and operational efforts undertaken within Libya’s oil sector. He added that […]<\/p>\n","protected":false},"author":13,"featured_media":257552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-257551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=257551"}],"version-history":[{"count":2,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257551\/revisions"}],"predecessor-version":[{"id":257554,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257551\/revisions\/257554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/257552"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=257551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=257551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=257551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}