LIBYA to pump out more natural gas
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
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