Economics and Business

NOC to produce LPG in Sharara Oil field for local consumption

Libyan Cloud News Agency – Tripoli

The National Oil Corporation (NOC) and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the Sharara oil field.

NOC said in a statement that the cooking gas will then be made available to residents in Southern Libya at its legal price.

It added that capturing flare gas and putting it to good use will reduce the levels of carbon dioxide released into the atmosphere at the Sharara oil field and reduce waste.

According to NOC, talks with providers of the technology have reached the final stages. The new technology will allow the separation of LPG from flare gas in a cost-effective way. The project is estimated to take about 18 months to complete.

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