"When the country stabilizes, the situation gets better, we reach the level of the [OPEC] quota, we do not mind [oil output] freezing," Oun said adding that his country "may [then] agree to freeze production levels."
OPEC member states are expected to renew talks on a possible oil output freeze with non-member states at the September 26-28 International Energy Forum (IEF) in Algiers, Algeria, which Libya will be attending.
In April, major oil-producing countries failed to reach an agreement in the Qatari capital of Doha to freeze output for the rest of the year in order to boost prices from historic lows.
Libya has been in a state of turmoil since 2011, when a civil war broke out in the country and long-standing leader Muammar Gaddafi was overthrown. The United Nations helped to bring about a ceasefire in late 2015 and on March 31 the UN-backed government of national accord (GNA) took office in Tripoli.
