Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • Al-Hassadi: Egyptian-Turkish Rapprochement on Libya Is Positive but Needs National Will to Overcome Differences
  • Al-Ghuwail: The Bread Crisis Is Not Just About the Loaf but Also Exchange Rates, Flour, Fuel, and Electricity
  • Nursing Training in Tripoli on Managing Cardiac Arrest Cases
  • ‘Kafa’ Moves from Darkness to the Streets as Dbeibah’s Government Faces Years of Anger
  • Speaker of the House of Representatives Discusses Arrangements for the Asian-African Parliamentary Council
  • Tittieh: 4+4 Committee Meeting Makes Progress on Legal and Constitutional Path for Elections
  • Libyan Center for Research and Rural Development Discusses Supporting Development in Al-Qubah
  • Detention of 9 People in Al-Khums over Forging Civil Status Data and Granting Foreigners Citizenship Rights
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Saturday, 22 August 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Algeria Discovers Six New Oil Reserves, Including One in Proximity to Libyan Border

Algeria Discovers Six New Oil Reserves, Including One in Proximity to Libyan Border

Tuesday, April 11, 2023 Business 2 Mins Read
Algeria Discovers Six New Oil Reserves, Including One in Proximity to Libyan Border

The Algerian energy company, Sonatrach, announced that it had made six oil and gas discoveries during the first quarter of this year, including a discovery near the border with Libya.

Sonatrach stated that it had discovered reserves of oil and gas in the “Ohant” area in the border state of Illizi with Libya, with a daily flow rate of 336,930 cubic meters of gas, and 1,504 barrels of condensate.

Sonatrach indicated that two wells were drilled in the “Amqid Masoud” basin, with a daily flow rate of 5,699 barrels of oil, 170,416 cubic meters of gas at the level of the first well, a daily flow rate of 4,856 barrels of oil, and 255,912 cubic meters of gas. gas in the second well.

Sonatrach added that the fourth and fifth discoveries were in the “Berkin Basin”, where the fourth discovery reached a daily flow of 266,532 cubic meters of gas, 1,905 barrels of oil and 239 barrels of condensate, and that the fifth discovery amounted to 3,117 barrels of oil and 219,336 cubic meters. cubes of gas.

Sonatrach added that the recent discovery was in the “Oued Mia Basin” near the wilaya of Laghouat, with a daily production of 168,312 cubic meters of gas and 453 barrels of crude.

Algeria Libya Libya oil Sonatrach
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleIt’s Too Early to Discuss My Presidential Bid, Bashagha States
Next Article Bashagha: Unification of Military and Security Establishments in Libya Not Possible in Near Future

Keep Reading

Al-Ghuwail: The Bread Crisis Is Not Just About the Loaf but Also Exchange Rates, Flour, Fuel, and Electricity

Al-Brega: Loss of the Al-Zawiya tank will affect storage and distribution and require significant costs to rebuild

Experts: Money laundering is a form of quick wealth in Libya as chaos has created a favorable environment for it

National Oil Corporation Announces Plans to Increase Production

Sirte Economic Forum Calls for Empowering the Private Sector and Supporting Reconstruction Efforts

Zalla Oilfield Firefighting Teams Contain Blaze at City Farms

Follow us on Twitter

The Libya Update Verified account Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
20 Aug

Speaker of the House of Representatives Discusses Arrangements for the Asian-African Parliamentary Council

Reply on Twitter 2090516077394506080 Retweet on Twitter 2090516077394506080 Like on Twitter 2090516077394506080 Twitter 2090516077394506080
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
20 Aug

Tittieh: 4+4 Committee Meeting Makes Progress on Legal and Constitutional Path for Elections

Reply on Twitter 2090337615702610354 Retweet on Twitter 2090337615702610354 1 Like on Twitter 2090337615702610354 1 Twitter 2090337615702610354
thelibyaupdate

The Libya Update

Verified account @thelibyaupdate ·
19 Aug

Deputy Commander-in-Chief of the Armed Forces, Lieutenant General Saddam Haftar, meets His Excellency Russian President Vladimir Putin at the Kremlin in the capital, #Moscow, during his official visit to the Russian Federation.

Lieutenant General Saddam Haftar conveyed the

Reply on Twitter 2090158157913846176 Retweet on Twitter 2090158157913846176 1 Like on Twitter 2090158157913846176 9 Twitter 2090158157913846176
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates

    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.