The “Libya Crude Oil Refinery Outlook to 2022” report was recently released by Research and Markets, providing a comprehensive overview of Libya’s crude oil refinery industry as well as details on the country’s operating oil refineries.
It covers the industry and its projected forecast between 2012 and 2022.
The report also provides updated information on the crude distillation unit (CDU) capacities by refinery. Libya’s historic and current total refining capacity, assets and active asset details as well as the forecast to 2020 are included in the report. In addition to the forecast, the report provides details on the refineries, including names, operational status and current operator.
Libya’s oil reserves are the largest in Africa, estimated at 48 billion barrels, or approximately 3 percent of the world’s total reserves. The crude oil is low in sulfur, making it desirable in countries with strict emissions standards. Most of the OPEC nations’ oil contains more sulfur than the Libyan, Nigerian and U.S. reserves. Libya’s economy is heavily dependent on the petroleum industry.
Of Libya’s exports, 96 percent are oil and gas.
