The National Oil Corporation (NOC) of Libya has reported a decrease in domestic natural gas consumption over the past 24 hours, dropping from 1.17 billion cubic feet on Friday to 1.15 billion cubic feet today, Saturday.
In its announcement, the NOC revealed that crude oil consumption reached 20,187 barrels, while diesel consumption stood at 36,618 metric tons.
The General Electricity Company of Libya (GECOL) consumed 968.41 million cubic feet of gas, alongside 36,618 metric tons of diesel and 20,187 barrels of crude oil to power the Ubari Power Plant.
The NOC itself consumed 87.49 million cubic feet of gas, cement factories used 30.14 million cubic feet, and the iron and steel complex, along with other small factories, consumed 64.5 million cubic feet of gas.
In related news, the Ministry of Oil in the Government of National Unity confirmed on Sunday that an agreement was reached to draft a Memorandum of Understanding (MoU) to conduct technical and economic feasibility studies for a gas pipeline project that would transport gas from Nigeria’s fields to Europe via Libya.
The project was discussed during a consultative meeting between Khalifa Rajab Abdulsadiq, Libya’s Acting Minister of Oil, and Nigeria’s Minister of State for Gas, Ekperikpe Ekpo, with the CEO of Green Stream Pipeline Company and the Executive Vice President of Gas and Energy at the Nigerian National Petroleum Company Limited (NNPC) also in attendance.
