The Sirte Oil and Gas Production and Manufacturing Company has successfully restarted its second methanol plant after a seven-year shutdown, marking a significant step towards boosting Libya’s industrial and energy production capacity. The plant, idle since 2018, resumed operations this week as part of the company’s broader strategy to diversify its output and strengthen the country’s oil and gas sector.
According to the company’s latest update, daily crude oil production has reached 114,000 barrels, reflecting a substantial improvement in performance and operational efficiency. The milestone underscores Sirte Oil’s commitment to restoring full production potential and contributing to the National Oil Corporation’s (NOC) strategic objectives.
The NOC’s Board of Directors extended its appreciation to all the teams involved in achieving this breakthrough. Special recognition was given to the leadership and technical staff of Sirte Oil Company, whose dedication across production fields, export terminals, and pipeline operations made the achievement possible.
“This success is not only a technical milestone but also a testament to the determination of Libya’s energy professionals,” the NOC said in a statement. “Reactivating the methanol plant after such a long suspension enhances the value chain, supports national revenues, and aligns with the NOC’s long-term strategy to modernise the sector.”
The reactivation of the methanol plant is expected to boost domestic petrochemical capabilities and open opportunities for export growth, providing a fresh push to Libya’s recovering energy sector. With increasing output and renewed operational confidence, the NOC aims to sustain and expand Libya’s position as a key energy producer in North Africa.
