Following years of embargoes and recent unrest, Libya has emerged as a destination of choice for oil and gas companies, and its national oil company has set ambitious plans. First, safety and security need to be restored.

摘要

Libya is one of the major oil and gas producers in the world and holds very important proven oil reserves at around 47.1 billion bbl, according to a BP statistical review, and 1.5 Tcm of natural gas. Around 80% of Libya's proven oil reserves are located in the eastern Sirte basin, which also accounts for most of the country's oil output. Libyan oil is generally light [high API gravity] and sweet [low sulfur content].