Latest news and articles about libya economy from NEX English
Libyan oil is gaining significance as a potential source to fill the global energy supply gap due to escalating regional conflicts. With substantial oil reserves, Libya could play a crucial role in meeting global market demands.
The National Oil Corporation of Libya has announced the resumption of production in the Sharara and El Feel oil fields following the completion of comprehensive maintenance on the crude oil export pipeline. This pipeline connects the Sharara fields to the storage tanks at the Zawiya refinery.