Publications
Survey of Energy Resources 2007
Natural Gas Country Notes
Libya/GSPLAJ
|
Proved recoverable reserves (bcm) |
1 491 |
|
Production (net bcm, 2005) |
11.3 |
|
R/P ratio (years) |
> 100 |
|
Year of first commercial production |
1970 |
Proved reserves - the fourth largest in Africa - have been largely unchanged since 1991, according to OAPEC and other published sources. Utilisation of the resource is on a comparatively small scale: net production in 2005 was only about a quarter that of Egypt.
Since 1970 Libya has operated a liquefaction plant at Marsa el Brega, but LNG exports (in recent years, only to Spain) have fallen away to only 0.9 bcm/yr.
Local consumption of gas is largely attributable to petrochemical/fertiliser plants and oil and gas industry use.
