Petroleum Institute Unveils Gas Strategy
The head of the National Oil Corporation in Libya, Mustafa Sulaiman, emphasized that developing natural gas projects is a strategic priority for enhancing energy security and expanding Libya's role as a major hub for the production and marketing of gas in the region. This effort aims to support the national economy and increase revenues from natural resources. He pointed out that Libya possesses significant gas reserves and that cooperation with international companies and the adoption of modern technology are essential to develop these reserves in a way that serves national interests. He also clarified that the corporation is committed to reducing emissions and minimizing gas flaring in accordance with international standards. Additionally, it seeks to create an attractive investment environment to promote partnerships and implement sustainable projects in the oil and gas sector.
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