Libya Business News
Sunday, March 26, 2023
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Oil & Gas

NOC to Produce LPG at Sharara Oil Field

9th May 2020
in Oil & Gas
China's Balancing Act in Libya
Share on FacebookShare on Twitter

The National Oil Corporation's subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the Sharara oil field.

This cooking gas will then be made available to residents in Southern Libya at its legal price.

Capturing flare gas and putting it to good use will reduce the levels of carbon dioxide released into the atmosphere at the Sharara oil field and reduce waste.

"Of course, there are significant environmental advantages for this project," said NOC chairman Mustafa Sanalla. "But just as importantly, it will provide affordable cooking gas for citizens in the south who have been suffering since the start of this conflict.

"The situation in the south is unacceptable. The ongoing fighting and unrest are preventing us from sending regular convoys of gas from depots in the north, so we have to look for a more viable solution that benefits people and the environment."

Talks with providers of the technology have reached the final stages.  The new technology will allow the separation of LPG from flare gas in a cost-effective way. The project is estimated to take about 18 months to complete.

(Source: NOC)

Tags: featuredLPGNational Oil Corporation (NOC)RepsolShararaSharara FieldSpain

Latest News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021
Latest Oil Tenders

Latest Oil Tenders

16th March 2021

Recent News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.