Oil Production, Reserves, Pipelines and Refineries

Massaras, Dimitri V.
January 2004
Doing Business with Libya;2004, p133
The article focuses on oil production in Libya. The oil sector, ranging from petroleum exploration, production, refining and marketing of oil and natural gas, is important to the country's overall economy, accounting to foreign currency earnings and government revenue. Oil production has been declining in the past years. In line with the production, the country has limited oil reserves. The country has local and foreign refineries. In addition, it also has an extensive crude oil and refined products pipeline transportation network.


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