Libya looks to maximise gas opportunity
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
The chairman of Libya’s state-owned NOC, Masoud Suleman, wants to reduce gas flaring and free up more supply to help power the Libyan economy and use additional gas first to supply European customers and second as an option to export as LNG to more distant markets. Speaking at LNG2026 in Doha, the energy leader said Libya plans to boost its natural gas production in the next five years so as to maximise supply to Europe by the start of the next decade. The country’s current gas production is insufficient to meet local demand, Suleman noted, with around 85% the gas produced in Libya used for power generation. Gas consumption may rise further amid industrial expansion, with Suleman highlightin
Also in this section
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
