North Africa’s Energy Renaissance: A Hub of Potential and Progress

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June 21, 2024

Increased Oil production in Libya paves the way for ambitious 2025 targets

The National Oil Corporation (NOC) of Libya has announced a significant increase in daily oil production, reaching 1,254,350 barrels, a milestone for the nation's energy sector. Including condensate and gas, the total daily production stands at 1,522,333 barrels of oil equivalent. NOC Chairman Farhat Bengdara aims to increase oil production to two million barrels per day by 2025, emphasizing international collaboration and technological advancements. This increase is expected to enhance Libya's economic position, attract foreign investment, and strengthen its influence in global energy markets.
April 4, 2024

Nigeria's Ambitious Move: Final Investment Decision on $25bn Nigeria-Morocco Gas Pipeline Project Set for December

The article discusses Nigeria's $25 billion Nigeria-Morocco Gas Pipeline Project, reaching a key milestone with the Final Investment Decision set for December 2024. Led by NNPC Ltd, the project aims to enhance energy infrastructure, foster regional cooperation, and unlock vast natural gas reserves across Africa. It represents hope for sustainable development and economic growth, despite challenges. Overall, it signifies a significant step towards a more prosperous energy future for the continent.

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