Libya plans 4 billion cu ft/day gas in five years

Libya plans to increase natural gas production to 4 billion cubic feet per day over the next three to five years, more than tripling the current level of 1.2 billion cubic feet in 2025. This blueprint is part of efforts to rehabilitate the country's energy sector and involves projects related to exploiting and developing new gas fields, such as the Sbratha compression project and offshore developments in the Bouri fields. Libya also aims to boost its gas exports, particularly through the Green Stream pipeline that transports gas to Italy, to support European markets and provide additional energy for local power plants. The initiative also includes granting new international exploration licenses to attract greater investments in the oil and gas sector, with the goal of diversifying national resources and bolstering the economy.

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