Oil and power seek supply stability
The National Oil Corporation and the General Electricity Company discussed ways to enhance coordination in electricity supply to oil fields in Libya, aiming to address frequent outages that impact the stability of power supply and the achievement of daily and monthly production targets. The meeting examined methods for connecting both discovered and undeveloped fields to the electrical grid, with a focus on resolving challenges caused by unstable power supplies and their effects on oil production. It was agreed to immediately begin implementing electrical connection works for several fields and to develop short- and long-term plans to connect the oil sites to the General Electricity Company's networks, with the goal of supporting supply stability, improving field performance, and increasing oil production.
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