Libya Looks to Diversify Its Energy Mix

Libya Looks to Diversify Its Energy Mix

OilPrice.com

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After facing huge hurdles in oil and gas production, Libya is now striving to develop its renewable energy capacity and diversify its energy mix to establish greater energy security. Over the last decade, Libya has worked hard to get its oil industry back on track in the face of major political disruptions and a lack of foreign investment due to this instability. Years of political unrest meant that many oil production sites were left abandoned while oil majors waited for greater stability in Libyan politics, forcing down production levels. Libya…

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