4 Hrs
Source:
عين ليبيا
Geological Expert: Libya Can Produce 2M Barrels Under Conditions
The article reviews the efforts of the Libyan oil sector in exploring and developing oil and gas fields to increase production, particularly through expanding geophysical survey operations and utilizing modern technologies. It emphasizes the importance of exploring sedimentary basins, especially in the Sirte and Cyrenaica basins, to identify new reserves and compensate for depleted oil sources. It also confirms that achieving the goal of increasing production to two million barrels per day requires adequate funding and infrastructure improvements, along with the adoption of three- and four-dimensional survey techniques. The article stresses that security stability encourages the return of foreign companies, while national competencies are highlighted as a key element in development efforts. Additionally, there is a need to boost gas exploration and reduce flaring to protect the environment.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)