10 Hrs
Source:
عين ليبيا
Libya's 5 Largest Oil Fields
The article focuses on the significance of the oil and gas sector in the Libyan economy, where it serves as the main source of revenue. In 2025, it accounted for more than 90% of the country's exports, boasting the largest oil reserves in Africa, estimated at 48.4 billion barrels. The article highlights key oil and gas fields, such as the Sharara field, which produces about 300,000 barrels per day and makes up one-third of the country's oil output, and the El Feel (Elephant) field, which produces 225,000 barrels daily. Additionally, the Serir and Musala fields rank among the largest in the nation. The importance of gas fields, especially the Sea of Peace field, is also underscored; this field supplies European markets with approximately one billion cubic feet of gas daily, with reserves reaching 54.7 trillion cubic feet, thereby strengthening Libya's position in the global energy market. Despite political and security challenges, Libya continues efforts to boost production and enhance field efficiency, with an emphasis on developing infrastructure to attract investments, ensuring the ongoing role of its vital energy resources in the global market and maintaining its status as a major producer of oil and gas.
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