Benghazi – The National Oil Corporation (NOC) has intensified its international efforts. The goal is to achieve “zero gas flaring” by 2030. This aligns with its aim to reduce harmful emissions. It also supports climate stability. A specialized initiative committee is implementing this path. The implementation follows global standards.
The “2030 Initiative Committee” held a meeting. They met with experts from the international company S.P.L. They discussed opportunities for technical and financial cooperation. They reviewed ways to use modern technologies. This aims to accelerate vital projects targeted for 2026 and 2027. These efforts will enhance operational efficiency. They will also reduce gas losses.
These efforts aim to unify work with international partners. They also ensure the initiative’s implementation. This will follow clear timelines. The efforts enhance the NOC’s role in environmental protection. They solidify its position as an active entity. The NOC supports the national economy. It also achieves sustainability.
The initiative recorded positive results recently. Gas flaring rates decreased by about 100 million cubic feet per day. This reduction occurred by the end of last year. This step highlights the progress made. It shows movement towards achieving stated strategic goals.
These moves are part of the NOC’s vision. The vision aims to enhance the oil and gas sector’s efficiency. It also commits to international environmental standards. This supports resource sustainability. It boosts investment opportunities in this vital sector.