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Tripoli, October 25 (QNA) – Libya’s National Oil Corporation (NOC) on Sunday inaugurated the Al-Rashad natural gas field south of Brega in the country’s northeast, with production capacity of up to 50 million cubic feet of gas per day.
In a statement, the NOC said bringing the field online marks a significant addition to Libya’s oil and gas sector, bolstering gas supplies and helping meet the needs of power plants and industrial sectors.
NOC Chairman Masoud Suleman called for ramping up efforts to sustain production and increase oil revenues amid the challenges facing the sector.
The field comes online as Libya grapples with a shortfall in gas supplies relative to domestic demand, with the bulk of consumption concentrated in electricity generation. (QNA)
