Energy in Libya

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Energy in Libya describes energy and electricity production, consumption, and import in Libya. The petroleum industry is the primary engine of the Libyan economy.

Overview[edit]

From 2004 to 2008, Libyan energy production increased by 21.5% and energy exports increased by 27%. Domestic energy consumption in Libya was likely driven by industry and population growth. During this period, according to the International Energy Agency, the world population grew 5.3%, and the Libyan population grew 9.4%. As a net exporter of oil, Libya's energy production was also stimulated by growing populations in countries like Egypt (12.2% growth in that period), Yemen (13.4%), Sudan (16.4%), Saudi Arabia (2.9%), and Italy (3%).

Energy in Libya[1]
Capita Prim. energy Production Export Electricity CO2-emission
Million TWh TWh TWh TWh Mt
2004 5.74 212 993 780 14,46 43,51
2007 6.16 207 1,181 971 23,88 43,13
2008 6.28 212 1,206 991 24,61 44,85
2009 6.42 237 1,013 772 26.12 50.05
2010 6.36 223 1,030 803 27.14 51.61
2012 6.42 23.96 34.89
Change 2004-10 10.8 % 5.3 % 3.7 % 2.9 % 87.7 % 18.6 %
Mtoe = 11.63 TWh, Prim. energy includes energy losses

Oil[edit]

Oil is the major natural resource of Libya, with estimated reserves of 43.6 billion barrels.[2]

Libya is a member of OPEC. In 2007, Libya was the world's 10th largest oil exporter, with 73 Mt in oil exports.[3][dead link] As of 2009, Europe's share of Libya's oil exports was 78%.[4] Domestically, the primary energy use in Libya was 237 TWh and 37 TWh per million persons.[5][dead link][clarification needed]

The National Oil Corporation is the state oil company of Libya. The biggest oil producers in Libya are Eni, an Italian company, and Repsol YPF, a Spanish one. Other major producers in the country include BASF, Petrobras, Gazprom, Exxon Mobil, Pertamina, Nippon Oil, Sirte Oil Company, BP, Hess Corporation, JAPEX, and Oil and Natural Gas Corporation.[6]

In 2010, 28% of Libyan oil exports went to Italy (over 284 barrels a day). In 2009, Europe's share of total Libyan oil exports were around 78%. Other importers in 2009 included China (10%), the United States (5%), and Brazil (3%).[4]

See also[edit]

References[edit]

  1. ^ IEA Key World Energy Statistics Statistics 2013, 2012, 2011, 2010, 2009, 2006 IEA October, crude oil p.11, coal p. 13 gas p. 15
  2. ^ "In a pure coincidence, Gaddafi impeded U.S. oil interests before the war", Glenn Greenwald. Salon. 11 June 2011. Accessed 11 June 2011
  3. ^ Key world energy statistics 2009 page 23
  4. ^ a b Libyan chaos threatens oil crisis Financial Times 23 February 2011 p.2
  5. ^ IEA Key energy statistics 2011 Page: Country specific indicator numbers from page 48
  6. ^ Financial Times 23 February 2011 p. 24