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2012-04-24

Libya oil expo opens with strong output report

More than 125 international oil companies are participating in Libya's 4th Oil & Gas Expo, which kicked off Monday (April 23rd) in Tripoli under the slogan: "The Way Ahead".

A new outlook of the energy sector in Libya will be discussed at the two-day event, together with the future of natural gas and the role of technology in the oil sector.

Libyan oil production is expected to hit 1.6 million barrels per day by mid-year, Oil Minister Abdul-Rahman Ben Yazza said in his opening address to the forum.

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