Libya can raise its natural gas production by 30 percent with an investment of up to $1 billion, Italy’s Ambassador to Libya, Giuseppe Buccino, said at a round table discussion at the LUISS University in Rome this week. If Libya manages to overcome political disputes, it would have more stability that would favor economic development, the ambassador said, as carried by Italian news agency Nova News.
Regarding Libya’s target to boost its oil production—currently at 1.2 million barrels per day (bpd)—it’s realistic…Libya Can Hike Gas Production By 30% With A $1 Billion Investment
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