Libya announces discovery of new natural gas field

Golden Ten Data reported on March 17 that the National Oil Corporation of Libya announced on the 16th the discovery of two natural gas fields in the offshore area of northwestern Libya, with a total reserve of approximately 1 trillion cubic feet (28 billion cubic meters). The National Oil Corporation of Libya stated in a press release that its foreign partner, Eni North Africa, completed drilling and preliminary assessment at two offshore geological structures, "Assalam River No. 2" and "Assalam River No. 3," located 16 kilometers south of the Assalam River gas field, confirming the discovery of new gas fields. It is understood that the Assalam River gas field is one of Libya's main natural gas production areas. The company said that the newly discovered natural gas will help meet the demand of both domestic and international markets. Italian energy company Eni Group stated in a press release that the produced natural gas will not only meet Libya's domestic market demand but will also be exported to Italy.