No Result
View All Result
Monday, April 6, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

New oil and gas discoveries

byMichel Cousins
April 16, 2014
Reading Time: 1 min read
A A

By Ahmed Elumami.

Tripoli, 14 February 2013:

The Minister of Oil . . .[restrict]and Gas, Abdulbari Al-Arusi, announced today, Thursday, that the Algerian state oil company Sonatrach had discovered a oil field and gas deposits in the Ghadames Basin,  according the official website of the National Oil Corporation.

The discoveries were made in Areas 95/96.

RELATED POSTS

Damaged and drifting Russian gas tanker under control – being tugged away to sea by Libyan efforts

BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

Sonatrach owns significant exploration rights in the Ghadames Basin near the Algerian-Libyan border. It announced its plans to move ahead with drilling in Areas Nos. 95/96 last October.  It made its third oil find at its Area No. 65 concession further north in Ghadames Basin in late September.

Arusi said that the capacity of the new oil field was 8,200 b/d and the capacity of the new gas field is about 1,700 cubic litres per day.

Sonatrach resumed exploratory drilling operations in Libya at the end of June 2012, after more than a year’s inaction because of the revolution. [/restrict]

Tags: Abdulbari ArusialgeriabasingasghadamesNOCoiloil ministerSonatrach

Related Posts

National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects
Business

National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects

April 5, 2026
New Minister of Economy and Trade Suhail Abu Shiha finally assumes his duties following completion of official handover
Business

New Minister of Economy and Trade Suhail Abu Shiha finally assumes his duties following completion of official handover

April 5, 2026
Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa
Business

Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa

April 5, 2026
CBL receives results from meetings with international banks
Business

Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing

April 5, 2026
Libya’s proposed Science and Technology City can reduce oil dependence, create jobs for youth and support local innovation
Business

Libya’s proposed Science and Technology City can reduce oil dependence, create jobs for youth and support local innovation

April 4, 2026
NESDB discusses food security and social protection with World Food Programme
Business

Libya must adopt proactive economic policies to counter the repercussions of regional tensions: Al-Futaisi to Libya Herald

April 4, 2026
Next Post
15 February unrest points to importance of Constitutional Process Design (Part I)

15 February unrest points to importance of Constitutional Process Design (Part I)

More armoured cars for border patrols

More armoured cars for border patrols

Top Stories

  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    Belgasem Hafter reneges on US-brokered agreement by refusing to cut development spending – sends dinar crashing

    0 shares
    Share 0 Tweet 0
  • Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement

    0 shares
    Share 0 Tweet 0
  • Libya to host for first time part of Flintlock 2026 multinational military exercises in mid-April

    0 shares
    Share 0 Tweet 0
  • Medsky to start its Tripoli – Madrid flights on 21 April

    0 shares
    Share 0 Tweet 0
  • Ministry of Oil & Gas holds meeting on Nigeria-Niger-Libya Gas Pipeline Project

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Tripoli Chamber of Commerce to hold seminar with Embassy of China on 12 April on strengthening bilateral trade

National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.