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Libya aims to produce around 1.3 million barrels of oil per day by the end of this year and raise that to 1.6 million bpd by 2022. (AFP/Leon Neal)
January 26th, 2017 - 06:00 GMT

Libya opens up oil sector to foreign investment

The chairman of the Libyan National Oil Corp announced that the country intends to lift their self-imposed moratorium since 2011 on foreign investment in new projects.
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