Libya, holder of Africa’s largest crude reserves, made an oil and natural gas discovery in the Ghadames basin southwest of Tripoli, according to its state-run oil company.
Sonatrach Group, Algeria’s state-run energy company, was involved in locating the deposits, Libya’s National Oil Corp. said on its website.
The discovery consists of one oil field and a gas deposit situated about 600 kilometers southwest of the capital, the Libyan News Agency reported, citing sources at the country’s oil ministry. The oil field has a capacity of 8,200 barrels a day, it reported.
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