Libya's National Oil Corporation Announces Major Offshore Gas Discovery with European Partners
Libya's National Oil Corporation (NOC) has announced a significant discovery of gas in the subsea area off the western part of the country. This discovery was made in collaboration with energy companies from Italy, Spain, and Algeria. The NOC revealed that the discoveries were made at a depth of 10,459 feet, with promising flow rates from the reservoir. The first discovery, in the Ghadames oil basin, was made alongside Algeria's Sonatrach, showing production rates of 13 million cubic feet of gas and 327 barrels of condensate daily. The second discovery involved Italy's Eni North Africa, with flow rates of 14 million and 24 million cubic feet. The third discovery, with Spain's Repsol, was in the Murzuq Basin, producing 763 barrels per day. These developments could enhance Libya's role as a key energy supplier in the Mediterranean region. 
