Daily News  :: North Africa

LIBYA to pump out more natural gas

Published: 05-JAN-07

Tripoli - Spanish oil company, Repsol YPF SA, has announced the discovery of a new natural gas deposit in Libya, some 1,000-km south of Tripoli.

Industry sources said Repsol YPF SA, Australia's Woodside Energy and Hellenic Petroleum SA of Greece, would be involved in the drilling project.

Libya currently produces 2,600 million cubic feet/day of natural gas, part of which is exported to Europe through a pipeline linking Melita, west of Tripoli with southern Italy, and through the Brega port east of the Libyan capital.

Sources close to the Libyan National Oil Company (NOC) said arrangements had been made to set up a plant to liquefy the Brega gas, and for a new pipeline to export up to 60 million cubic feet/day to Malta.

Tripoli uses natural gas to run several local projects, especially electricity generation stations, and in the metalwork and cement industries. -panapress

Print this page Send this article to a friend

Market news on your cellphone
Get live JSE listed shares, warrants, major indices, brent crude oil, international markets, agricultural futures & daily market analysis via SMS on your mobile.
Find out more...

Energy in Africa
Energy in Africa is an intelligent and in-depth look at how energy impacts people, places, projects, price and development around the African continent.
Subscribe now...

African Business Leaders Forum
African business and public sector leaders define and construct a prosperous future for the continent.
Find out more...

Online travel bookings
Planning to travel? Book accommodation in Africa & South Africa here.
Book now...

Contact us | Advertising | Subscriptions | Newsletter | About us | Employee Email

All material copyright Business in Africa. All rights reserved. Material may not be published or reproduced in any form without prior written permission. Read these terms & conditions. Read our privacy statement and security statement. Powered by Mail & Guardian Online & iafrica.com. The domains businessinafrica.net, energyinafrica.net are owned by Business in Africa.