Libya's National Oil Corporation (NOC) is partnering with EY, a leading professional services firm, to help guide its efforts for developing its gas resources. The NOC's announcement comes as the country aims to boost its gas production and exports, which offer a promising opportunity for growth amid a challenging economic landscape. The collaboration with EY will help the NOC define its gas development strategy more effectively and efficiently.
1. Libya's National Oil Corporation (NOC) is partnering with EY, a leading professional services firm, to develop its gas resources.
2. The collaboration aims to boost Libya's gas production and exports, providing a growth opportunity for the country's economy.
3. EY will provide expertise and advisory support to the NOC in shaping its gas development strategy.
4. The partnership aims to enhance Libya's gas sector and pave the way for sustainable growth in the energy industry.
5. EY's global experience and knowledge will help assess the potential of Libya's gas resources, identify investment opportunities, and implement efficient operational practices.
Libya aims to increase its gas production to 3 billion cubic feet per day by 2025.
As part of this collaboration, EY will provide expertise and advisory support to the National Oil Corporation of Libya in shaping its gas development strategy. This partnership aims to enhance Libya's gas sector and pave the way for sustainable growth in the country's energy industry. With EY's global experience and knowledge, they will assist in assessing the potential of Libya's gas resources, identifying investment opportunities, and implementing efficient and cost-effective operational practices. By leveraging EY's expertise, the National Oil Corporation of Libya is set to make significant strides in maximizing the value of its gas reserves and driving economic prosperity for the nation.