NC-7 Gas Development Project
Sector: Oil and Gas • Location: Benghazi, Libya
Source: Bloomberg
Libya's National Oil Corp. proposes reviving a multibillion-dollar natural gas project to develop discovered gas deposits in the NC-7 block in western Libya. The project aims to ease electricity shortages and is expected to be overseen by a new company named Jelyana, established in Benghazi in the east. Consortium partners potentially involved include Eni SpA, TotalEnergies SE, Abu Dhabi National
- Status
- Prospective
- Sector
- Oil and Gas, Natural Gas, Power Generation (CCGT)
- Location
- Benghazi, Libya
- Updated
- 22 Jul 2026
- Source
- Bloomberg
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Project Information
Participants
| Not available for this record. |
Status
Original status | proposed |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Libya's National Oil Corp. proposes reviving a multibillion-dollar natural gas project to develop discovered gas deposits in the NC-7 block in western Libya. The project aims to ease electricity shortages and is expected to be overseen by a new company named Jelyana, established in Benghazi in the east. Consortium partners potentially involved include Eni SpA, TotalEnergies SE, Abu Dhabi National Oil Co., and Turkish Petroleum Corp. The project is crucial for meeting export commitments and rising local demand, with a target to tap new sources by the end of 2026. |
Original sector | Energy |
Location
Country | Libya |
City | Benghazi |
Source
Source | Bloomberg |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Natural Gas, Power Generation (CCGT) |
Article published date | 2025-09-16 |
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