Energy in Libya
Encyclopedia
Energy in Libya describes energy
World energy resources and consumption
]World energy consumption in 2010: over 5% growthEnergy markets have combined crisis recovery and strong industry dynamism. Energy consumption in the G20 soared by more than 5% in 2010, after the slight decrease of 2009. This strong increase is the result of two converging trends...

 and electricity
Electricity generation
Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...

 production, consumption and import in Libya
Libya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....

 Libyan Arab Jamahiriya.
Libya is an OPEC
OPEC
OPEC is an intergovernmental organization of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings...

 country. In 2007 Libya was the top 10th oil exporter with 73 Mt oil export. Europe’s share was 78 % of Libyan oil export in 2009. Libya is ex colony of Italy. Italiy was its the top trade partner in 2010.

In 2011 there was civil war in Libya
2011 Libyan civil war
The 2011 Libyan civil war was an armed conflict in the North African state of Libya, fought between forces loyal to Colonel Muammar Gaddafi and those seeking to oust his government. The war was preceded by protests in Benghazi beginning on 15 February 2011, which led to clashes with security...

 and the public demanded the resignation of Muammar Gaddafi
Muammar Gaddafi
Muammar Muhammad Abu Minyar Gaddafi or "September 1942" 20 October 2011), commonly known as Muammar Gaddafi or Colonel Gaddafi, was the official ruler of the Libyan Arab Republic from 1969 to 1977 and then the "Brother Leader" of the Libyan Arab Jamahiriya from 1977 to 2011.He seized power in a...

.

Overview

Energy in Libya
Capita Prim. energy Production Export Electricity CO2-emission
Million TWh TWh TWh TWh Mt
2004 5.74 212 993 780 14 44
2007 6.16 207 1,181 971 24 43
2008 6.28 212 1,206 991 25 45
2009 6.42 237 1,013 772 26 50
Change 2004-2009 11.8 % 12.2 % 2.1 % -1.0 % 80.6 % 15.0 %
Mtoe = 11.63 TWh, Prim. energy includes energy losses


In four years 2004–2008 increased energy production 21.5 % and export 27 %.

Energy consumption may have correlation to industry and population. According to IEA energy key statistics (ref OECD/World Bank) in four years 2004–2008 the population growth was in the world 5.3 %, Libya 9.4 % , Egypt
Energy in Egypt
Energy in Egypt describes energy and electricity production, consumption and import in Egypt. Energy policy of Egypt describes the energy policy in the politics of Egypt more in detail.- Overview :...

 12.2 %, Yemen
Energy in Yemen
Energy in Yemen describes energy and electricity production, consumption and import in Yemen. Energy policy of Yemen will describe the politics of Yemen related to energy more in detail...

 13.4 %, Sudan
Energy in Sudan
Energy in Sudan describes energy and electricity production, consumption and import in Sudan. Energy policy of Sudan will describe the politics of Sudan related to energy more in detail...

 16.4 % Saudi Arabia
Energy in Saudi Arabia
Energy in Saudi Arabia describes energy and electricity production, consumption and export in Saudi Arabia.Saudi Arabia is one of the world's largest energy producers, pumping approximately of petroleum...

 2.9 % and Italy
Energy in Italy
Energy in Italy describes energy and electricity production, consumption and import in Italy. Energy policy of Italy will describe more in detail the politics of Italy related to energy. Electricity sector in Italy is the main article of electricity in Italy....

 3.0 %.

Export

Year 2010 oil export from Libya was 28 % in Italy. (343 / 1207) *103 barrel a day). Europe’s share was 78 % of Libyan oil export in 2009. In 2009 Libyan oil was bought by Italy 32 %, Germany 14 %, China 10 %, France 10 %, Spain 9 %, USA 5 %, Brasilia 3 %, other Eurooppa 14 % and other Aasia 4 %.

Italy

Libya is ex colony of Italy. Italiy was its the top trade partner in 2010. Libyan central bank has an investment in the Italian biggest bank UniCredit
UniCredit
UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.- Geography :...

 and oil company Eni
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...

. The opposition of Italy critizesed Silvio Berlusconi
Silvio Berlusconi
Silvio Berlusconi , also known as Il Cavaliere – from knighthood to the Order of Merit for Labour which he received in 1977 – is an Italian politician and businessman who served three terms as Prime Minister of Italy, from 1994 to 1995, 2001 to 2006, and 2008 to 2011. Berlusconi is also the...

 of too close connections to Libyan leader in August 2010.

Muammar Gaddafin visited Italy in August 2010. In Rome in the Libyan cultural centre was brought during the visit 500 Italian women with 70 € compensation. The similar public gathering and the talk of Gaddafi was protested.

Gaddafi family owned in February 2010 directly or through The Libyan investment fund 7 % of UniCredit
UniCredit
UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.- Geography :...

 Italian largest bank, 2 % defense company Finmeccanica
Finmeccanica
Finmeccanica S.p.A. is an Italian conglomerate. Finmeccanica is the second largest industrial group and the largest of the hi-tech industrial groups based in Italy. It works in the fields of defence, aerospace, security, automation, transport and energy...

, 2 % Fiat
Fiat
FIAT, an acronym for Fabbrica Italiana Automobili Torino , is an Italian automobile manufacturer, engine manufacturer, financial, and industrial group based in Turin in the Italian region of Piedmont. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli...

 and 7,5 % footbool club Juventus. Italian oil company Eni
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...

, construction Impregilo
Impregilo
Impregilo S.p.A. is an Italian-based construction and civil engineering business headquartered in Milan. The company was founded in 1959 and, through mergers, has grown to become the leading Italian engineering and general contracting group in the construction and environmental sectors...

, Fiat
Fiat
FIAT, an acronym for Fabbrica Italiana Automobili Torino , is an Italian automobile manufacturer, engine manufacturer, financial, and industrial group based in Turin in the Italian region of Piedmont. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli...

, truckmaker Iveco
Iveco
Iveco, an acronym for Industrial Vehicle Corporation, originally an alliance of European commercial vehicle manufacturers such as Fiat , Unic and Magirus. Iveco is now an Italian truck, bus, and diesel engine manufacturer, based in Turin...

 and Finmeccanica
Finmeccanica
Finmeccanica S.p.A. is an Italian conglomerate. Finmeccanica is the second largest industrial group and the largest of the hi-tech industrial groups based in Italy. It works in the fields of defence, aerospace, security, automation, transport and energy...

 operate in Libya.

Companies

National Oil Corporation
National Oil Corporation
The National Oil Corporation is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output...

 is the state oil company. Eni
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...

 Italy and Repsol YPF
Repsol YPF
Repsol YPF, S.A. is an integrated Spanish oil and gas company with operations in 29 countries...

 Spain are the biggest oil producers. Others include BASF
BASF
BASF SE is the largest chemical company in the world and is headquartered in Germany. BASF originally stood for Badische Anilin- und Soda-Fabrik . Today, the four letters are a registered trademark and the company is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock...

, Petrobras
Petrobras
Petróleo Brasileiro or Petrobras is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market...

, Gazprom
Gazprom
Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...

, Exxon Mobil, Pertamina
Pertamina
Pertamina is an Indonesian government-owned corporation which extracts and refines the country's oil and gas reserves. It was created in August 1968 by the merger of Pertamin and Permina...

 (Indonesia), Nippon, Sirte Oil Company
Sirte Oil Company
Sirte Oil Company is an oil and gas company of Libya operating under the state-owned National Oil Corporation . The company is located in Brega SOC’s operations include oil and gas exploration and production and manufacturing.-Background:...

 (Libya), BP
BP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...

, Hess (New York), Japan Petroleum Exploration Company Limited
JAPEX
is a hydrocarbon exploration, production and transportation company. JAPEX explores and produces crude oil, natural gas and liquefied natural gas reserves worldwide. JAPEX has proven reserves of 272 million barrels in Japan and the rest of the world. Aside from operations in Hokkaido, Akita,...

 (Japex) and Oil and Natural Gas Corporation
Oil and Natural Gas Corporation
The Oil and Natural Gas Corporation Limited is an Indian state-owned oil and gas company headquartered in New Delhi, India. It is one of the largest Asia-based oil and gas exploration and production companies, and produces around 77% of India's total crude oil production and around 81% of...

 (ONGC) (India). Eni produced 244000 barrels (38,792.9 m³) oil a day in 2009 (ca 15 %).

See also

  • Petroleum industry in Libya
  • Oil reserves in Libya
    Oil reserves in Libya
    Oil reserves in Libya are the largest in Africa and the eighth largest in the world with as of 2010. Oil production was as of 2010, giving Libya 77 years of reserves at current production rates if no new reserves were to be found...

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