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    UPDATE 1-Libya oil exports to hit 1.2 mln bpd in Feb -NOC

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    LONDON, Feb 23 (Reuters) - Libya plans to export close

    to 1.2 million barrels of oil per day (bpd) in February, up from

    around 970,000 bpd in January, a senior National Oil Corporation

    (NOC) source said on Thursday.

    Libya is currently pumping 1.265 million bpd, the source

    added, as output continues to head towards pre-war levels of

    around 1.6 million bpd.

    Earlier this month, Deputy Oil Minister Omar Shakmak said

    oil production would reach pre-war levels by June or July this

    year.

    The number of cargoes exported per month, including those

    shipped by equity partners, will reach 59 in February, the NOC

    source said.

    There was still no date set for restarting the country's

    largest refinery, Ras Lanuf, which can process 220,000 bpd and

    accounts for well over half of Libya's refining capacity, he

    added.

    Sources at Libya's state oil body previously said the Ras

    Lanuf plant might resume operating once Benghazi-based Arabian

    Gulf Oil Company (Agoco) returns to full oil output.

    Agoco expects production to reach pre-war levels of 425,000

    bpd in April.

    (Reporting by Jessica Donati; Editing by Jane Baird)

     

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