Libya's fossil fuels industry select information 2018

In 2018, Libya's proven crude oil reserves amounted to 48.4 billion barrels. Libya joined the Organization of Petroleum Exporting Countries (OPEC) in 1962. Libya's exports of crude oil amounted to nearly 100,000 barrels per day in 2018.

Selected figures about the fossil fuels industry in Libya as of 2018

Proven crude oil reserves (in million barrels) 48,363
Crude oil production (in 1,000 barrels per day) * 951.2
Oil demand (in 1,000 barrels per day) 214.8
Crude oil exports (in 1,000 barrels per day) 998.5
Proven natural gas reserves (in billion cubic meters) 1,505
Marketed production of natural gas (in million cubic meters) 13,880
Natural gas exports (in million cubic meters) 4,251.1
Output of petroleum products (in 1,000 barrels per day) 70
Exports of petroleum products (in 1,000 barrels per day) 25.4
Value of petroleum exports (in million U.S. dollars) 17,141
Refinery capacity (in 1,000 barrels per calendar day)380
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Source

Release date

June 2019

Region

Libya

Survey time period

2018

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Statistics on "OPEC"

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