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NC-7 Gas Project Revival in Benghazi

Sector: Power Generation (CCGT) • Location: Benghazi, Libya

Source: Oil & Gas Middle East

Project
Proposed

Libya's National Oil Corporation (NOC) has proposed reviving a multibillion-dollar natural gas project in the NC-7 block to address electricity shortages. The project development would be managed by NOC's subsidiary Arabian Gulf Oil Co. (Agoco) potentially with partners including Eni, TotalEnergies, ADNOC, and Turkish Petroleum Corp. Oversight will be under a new company, Jelyana, headquartered in

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The project “NC-7 Gas Project Revival in Benghazi” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Benghazi, Libya. Taiyo aggregates data on it from Oil & Gas Middle East.

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Participants

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Status

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proposed

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Description

Description

Libya's National Oil Corporation (NOC) has proposed reviving a multibillion-dollar natural gas project in the NC-7 block to address electricity shortages. The project development would be managed by NOC's subsidiary Arabian Gulf Oil Co. (Agoco) potentially with partners including Eni, TotalEnergies, ADNOC, and Turkish Petroleum Corp. Oversight will be under a new company, Jelyana, headquartered in Benghazi, which could strengthen the position of Libya's eastern administration. The project aims to reduce costly fuel imports and meet rising local demand by 2026.

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Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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