VOL. XLII

No. 23

7-June-1999

LIBYA

Petrodata Puts Libyan Crude Oil Production Capacity At1.51Mn B/D

Libyan crude oil production capacity currently stands ataround 1.51mn b/d and recoverable oil reserves at 29.5bn barrels, according toan article by Dr. Geoff Pyne of UK energy consultants Petrodata in their newpublication Tomorrow痴 Oil. These figures contrast with official Libyanstatistics which put present production capacity at 1.7mn b/d (MEES, 26April) and recoverable reserves at 45bn barrels(...