World National Oil Companies Congress London and Ramadan

National Oil Corp.: If these initiatives succeed, Libya crude output could rise to nearly 800,000 barrels a day, according to Business Week. The Muslim holy month of Ramadan starts this week. There are efforts under way and initiatives that will be proposed during the blessed month of Ramadan to reopen the oil and gas pipelines to the ports of Zueitina, Zawiya and Mellitah, Mohamed Elharari, a Tripoli-based spokesman of state-run National Oil Corp., told the Libya news agency Lana on Tuesday. The North African nation is now producing between 400,000 barrels a day and 460,000 barrels a day, the Tripoli-based chairman of NOC, Mustafa Sanalla, said in an interview Tuesday on the sidelines of the World National Oil Companies Congress in London. Libya, holder of Africa largest oil reserves, produced about 1.6 million barrels a day before the 2011 rebellion that ended Muammar Qaddafi 42-year rule. The country hopes to lift output to 600,000 barrels a day in next few weeks, he told the conference. (news.financializer.com). As reported in the news.