DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Libya's Oil Industry Milestone: First Export from Chadar Field
Libya's Oil Industry Milestone: First Export from Chadar Field

Libya's Oil Industry Milestone: First Export from Chadar Field

Update: 2025-11-13
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Zallaf Oil and Gas makes history with Libyas first oil export from Chadar field, marking a significant milestone in the countrys energy sector. The field, discovered in 1968, began production earlier this year and is now shipping six hundred thousand barrels of oil daily. Meanwhile, a new discovery in the Sirte Basin by OMVs local subsidiary shows promising production tests, further boosting Libyas energy future. Major international oil companies are returning to the country, indicating a revitalized oil and gas industry.

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Libya's Oil Industry Milestone: First Export from Chadar Field

Libya's Oil Industry Milestone: First Export from Chadar Field