Libya: The Re-Emergence of a Hydrocarbon Giant - News Summed Up

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Libya: The Re-Emergence of a Hydrocarbon Giant


The Libya Energy & Economic Summit 2021 unites regional and international stakeholders in Tripoli for two days of networking and dialogue. Libya holds the largest oil and gas reserves in Africa, with recoverable reserves pegged at 43 billion barrels of oil and 1 trillion cubic feet of natural gas. To sustain production and growth production, investment is needed,” stated Sanner. This is competition for Libya, and we need to live up to that by providing a secure environment that will attract investment,” stated McCafferty. How are we going to achieve the energy transition if the economies of our countries are not better?” stated Ajibade.


Source: Libya Today November 22, 2021 16:14 UTC



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