Libya's NOC: 1 billion, 63 million cubic feet of gas consumed in last 24 hours

Libya's NOC: 1 billion, 63 million cubic feet of gas consumed in last 24 hours

August 17, 2022 - 22:40
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Written By: AbdulkaderAssad

The Libyan National Oil Corporation (NOC) announced on Wednesday that local companies and factories consumed one billion and 63 million cubic feet of natural gas in the past 24 hours.

The NOC added that the General Electricity Company of Libya (GECOL) consumed 910 million cubic feet, representing 85.6% of the total amount consumed in the past 24 hours.

In second place came the National Oil Corporation, which consumed 109 million cubic feet, representing 10.2% of the total quantity, then the iron and steel complex and other small factories with 28 million cubic feet at a rate of 2.6%, while finally came the cement factories that consumed 17 million cubic feet at a percentage of 1.5%.

The increasing consumption of gas on electricity generation has prompted researchers and activists in the energy sector to demand more attention to the solar energy, saying that Libya wastes about $9 billion annually on electricity generation, a figure that would give power to 900,000 homes in Libya if solar energy is used.