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Home World Africa

Libya Aims to Boost Refining Capacity to 400,000 Barrels Per Day (BPD) – Africa.com

21 January 2025
in Africa
Libya Aims to Boost Refining Capacity to 400,000 Barrels Per Day (BPD) – Africa.com
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Libya’s Minister of Oil and Gas, Dr. Khalifa Abdulsadek, revealed plans to increase refining capacity to 400,000 bpd, aiming for self-sufficiency in refined petroleum products through local refineries. The country also focuses on natural gas production and exports, with a strategy to reduce flaring and maximize gas utilization for energy needs while addressing financing challenges to secure funds for energy projects despite political obstacles.

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Tags: Africa.comaimsBarrelsBoostbpdcapacityDayLibyarefining
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