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Oil and gas – the driving force for Libya’s economic development The oil and gas industry is the driving force behind Libya’s economic development, providing the massive investment needed for the country’s ambitious infrastructure plans. To sustain the impetus, Libya is already mid-way through its short-term plan to raise its oil production from the 2006 level of 1.6 million b/d to 2 million b/d by 2010, with longer-term ambitions to raise it to 3 million b/d by 2015. In order to achieve these objectives Libya estimates that it will need to attract US$30 billion foreign direct investment in the petroleum sector – in the upstream and downstream as well as in refining and petrochemicals. Taking place against this background of major investment in the petroleum sector OIL & GAS LIBYA offers international exporters significant opportunities as the country looks to overseas joint venture partners to provide not only capital investment but also the transfer of technology, services and equipment. MEDIA PARTNERS
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"The National Oil Corporation welcomes the Oil & Gas Libya exhibition in 2009 and values the initiative and efforts towards achieving our goals..." |
16-19 February 2009
Tripoli International Fairground, Tripoli, Libya
Your gateway to Libya's rapidly developing petroleum sector
The Libyan International Petroleum Exploration, Production, Refining and Petrochemicals Exhibition
