Libya discovers big gas reserves

A vast gas reserve have been discovered in north-west of Assoumoud, south of the town of Brega, 700 km from Tripoli, the Libyan capital, reports panafrican news agency PANA. According to the National Oil Agency, the new reserve contains an estimated 474 billion cubic feet of gas recoverable at a rate of 293 billion cubic feet.

The agency said that the new gas field contains more gas deposits than those of Assoumoud.