Libya Weighs Options For Gas Development

Libya is targeting a 1bn cfd hike in gas output to 3.5bn cfd by 2015. But the future of the country’s only LNG plant, mothballed since February 2011, is up in the air.

Nouri Berruien, chairman of Libya’s National Oil Company (NOC) says the LNG plant at Marsa el-Brega is the subject of an ongoing study and that it may ultimately be shut down. But discoveries on or offshore could change these plans.

“It’s a very old plant. It hasn’t been upgraded,” he said. “We’re currently evaluating what to do with it, even scrapping it is on the drawing board,” Mr Berruien added, whilst specifying that the nature, size and location of “future gas discoveries, either onshore or offshore, will decide the way forward.” As an alternative to upgrading the Brega plant “there are some plans, not firm yet, to have an LNG plant at Ras Lanuf,” site of Libya’s largest oil refinery. (CONTINUED - 868 WORDS)