Founded1970
HeadquartersTripoli, Libya
IndustryOil & Gas

About

The National Oil Corporation (NOC) is the Libyan state oil company, based in Tripoli. It reported crude output of about 1.44 million barrels a day on 21 June 2026, the highest since 2013, plus 49,163 barrels a day of condensate. Its chairman, Masoud Suleman, has said it aims to reach 2 million barrels a day by 2030.

Key figures

1,438,560 barrels a dayCrude oil output (peak day)21 June 2026highest since 2013
49,163 barrels a dayCondensate output (peak day)21 June 2026
1.374 million barrels a dayAverage crude output2025
2 million barrels a dayOutput target2030

Figures are as published by the sources listed on this page. Where a figure comes from the company itself we have not audited it.

Scope of operations

  • Crude oil and condensate production
  • Export revenue for the Libyan state

Founders and key people

  • Masoud Suleman Chairman

Timeline

  1. 1970Established (Wikipedia)
  2. 2025Average output of 1.374 million barrels a day
  3. 2026Output reaches about 1.44 million barrels a day on 21 June, highest since 2013