No Result
View All Result
Monday, July 14, 2025
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

Developing Libya’s downstream capacity

bySami Zaptia
September 20, 2013
Reading Time: 1 min read
A A
Developing Libya’s downstream capacity

By Sami Zaptia.

The CWC Libya Forum 17-18 September in Tripoli (Photo: Sami Zaptia).
The CWC Libya Forum 17-18 September in Tripoli (Photo: Sami Zaptia).

Tripoli, 20 September 2013:

Speaking on the second and final day of the CWC Libya Forum on oil and gas (17-18 . . .[restrict]September) in Tripoli, Mohamed Alloub, Senior NOC Consultant and Head of Downstream Oil and Gas Development Committee, asked the rhetorical question of whether Libya needed to expand its downstream hydrocarbon sector.

Answering his own question, Alloub gave 6 reasons why in his analysis Libya did indeed need to expand its downstream hydrocarbon sector.

RELATED POSTS

Mellitah Oil and Gas preparing to drill eight offshore gas wells to produce 160 million cubic feet per day of natural gas

UNDP and Ministry of Marine Resources to diversify Libyan economy through blue economy initiatives

Alloub felt that the current Libyan downstream hydrocarbon sector was too small and could not even satisfy local demand. Moreover, the specifications and standards of the Libyan sector were outdated and inefficient.

He also argued that Libya needed to diversify its hydrocarbon revenue to earn more income from petrochemicals and retain more profits. Diversification would also provide more and new jobs to help solve Libya’s large youth unemployment problem.

Finally, Alloub felt that Libya’s strategic location and its good quality (sweet) crude oil would help in expanding its downstream hydrocarbon sector. [/restrict]

Tags: crude oildiversificationdownstreamgashydrocarbonsjobsNOCpetrochemicalsunemployment

Related Posts

Libya to invest $140 billion in projects over the next decade
Business

Tripoli based Libyan government plans to complete 150,000 housing units by 2030

July 14, 2025
Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop
Business

China to resume implementation of its stalled railways projects in Libya

July 14, 2025
Libya and Shell discuss several areas of cooperation
Business

Libya and Nigeria discuss gas projects, extension of export pipelines to Europe and high-level delegation visit to Tripoli

July 14, 2025
LAIP’s Ola Energy opens two new petrol stations in Tunisia
Business

LAIP’s OLA Energy reports sustained financial growth for 2024

July 14, 2025
CBL receives results from meetings with international banks
Business

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

July 11, 2025
Preparations for the second ‘‘Made in Libya’’ edition in Niamey, Niger progressing
Business

“Made in Libya” exhibition to be held in Benghazi from 10 to 13 August

July 11, 2025
Next Post

Schengen and US visa for Libyans - update

Ambassadors' views on easing new entrants to Libyan hydrocarbon sector

ADVERTISEMENT

Top Stories

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

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

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

    0 shares
    Share 0 Tweet 0
  • All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • Aldabaiba opens First Phase of Tripoli’s Third Ring Road

    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 based Libyan government plans to complete 150,000 housing units by 2030

China to resume implementation of its stalled railways projects in Libya

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.