Skip to main content
|

Aoun: “If Many Proposals Presented by the Ministry of Oil Since 2021 Had Been Adopted, Gas Supply Issues for the Local Market Would Have Been Overcome and Fuel Self-Sufficiency Achieved”

The Minister of Oil and Gas, Mohamed Aoun, held a meeting yesterday, Friday, with the Director General of the General Department of Technical Affairs and the Director General of the General Department of Planning at the ministry.

The meeting reviewed the activities of the two departments during the past period, and there was an extensive discussion about the activities of the Ministry of Oil and Gas, its memos, and proposals regarding the situation of gas supplies to power stations, internal fuel self-sufficiency, and several other technical topics.

The attendees also discussed the expected shortage of gas supplies to power stations for a significant portion of the time. The discussion concluded that if the Cabinet’s decision in April 2022 regarding the Ministry of Oil and Gas’s proposal to develop the Hamada Field MN 7A and the Bride of the Sea Field with a fast-track approach had been activated, these projects would likely be in advanced stages of development. Additionally, the ministry’s proposal to the corporation to consider starting to empty the gas dome in the Entisar 103D Field and to observe what remains in the crude oil layer in this field, as well as previous proposals since 2021 to develop gas and oil discoveries and to develop Libyan refineries to meet local market needs, were discussed.

Aoun emphasized that if many of the proposals presented by the Ministry of Oil and Gas over the years since 2021 had been adopted, many of the problems and difficulties related to gas supplies for the local market and fuel self-sufficiency would have been overcome.

He affirmed that the Ministry of Oil and Gas will continue, through its expertise and efficiency, to persist in directing the National Oil Corporation to fully comply with the existing laws and regulations to accomplish vital projects and works for the nation with complete transparency and speed.

Share the news