1 Day
Source:
عين ليبيا
Libya shifts from diesel to gas for affordable electricity
Businessman Hosni Bay confirms that relying on domestic natural gas is the most efficient and cost-effective solution for generating electricity in Libya. He points out that developing gas fields and diversifying supply sources can reduce financial burdens and increase stability in the electricity sector. He explains that Libya’s investment in local gas fields, combined with purchasing the production at global reference prices, results in significant savings compared to using diesel, which is more expensive and currently used in some power plants. Meanwhile, natural gas in modern combined cycle plants is the most cost-effective option, whereas reliance on diesel and heavy fuel oil is more costly. Researchers believe that increasing investments in gas and developing infrastructure will be an important step toward reducing the energy bill, achieving greater stability in the power system, and decreasing dependence on imported fuels.
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