Libya's National Oil Corporation Announces Major Gas Discovery with European Partners
Libya's National Oil Corporation (NOC) has announced a significant gas discovery 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 occurred in the Ghadames oil basin, in partnership with Algeria's Sonatrach, showing production rates of 13 million cubic feet of gas and 327 barrels of condensate daily. The second discovery was made with Italy's Eni North Africa, while the third involved Spain's Repsol Libyan branch, REMSA, in the Murzuq Basin. These developments could enhance Libya's role as a Mediterranean energy supplier and strengthen its domestic market supply. 
