In 2022, Libya's proven crude oil reserves amounted to nearly 48.4 billion barrels. Libya joined the Organization of Petroleum Exporting Countries (OPEC) in 1962. Libya's exports of crude oil amounted to some 920,000 barrels per day that year.
Selected figures about the fossil fuels industry in Libya in 2022
Characteristic
Characteristic
Proven crude oil reserves (in million barrels)
48,363
Crude oil production (in 1,000 barrels per day)*
981
Oil demand (in 1,000 barrels per day)
192
Crude oil exports (in 1,000 barrels per day)
920
Proven natural gas reserves (in billion cubic meters)
1,505
Marketed production of natural gas (in million cubic meters)
23,807
Natural gas exports (in million cubic meters)
2,479
Output of petroleum products (in 1,000 barrels per day)
148
Exports of petroleum products (in 1,000 barrels per day)
99
Value of petroleum exports (in million U.S. dollars)
33,255
Refinery capacity (in 1,000 barrels per calendar day)
634
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OPEC. (July 11, 2023). Selected figures about the fossil fuels industry in Libya in 2022 [Graph]. In Statista. Retrieved May 02, 2025, from https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/
OPEC. "Selected figures about the fossil fuels industry in Libya in 2022." Chart. July 11, 2023. Statista. Accessed May 02, 2025. https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/
OPEC. (2023). Selected figures about the fossil fuels industry in Libya in 2022. Statista. Statista Inc.. Accessed: May 02, 2025. https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/
OPEC. "Selected Figures about The Fossil Fuels Industry in Libya in 2022." Statista, Statista Inc., 11 Jul 2023, https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/
OPEC, Selected figures about the fossil fuels industry in Libya in 2022 Statista, https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/ (last visited May 02, 2025)
Selected figures about the fossil fuels industry in Libya in 2022 [Graph], OPEC, July 11, 2023. [Online]. Available: https://www.statista.com/statistics/1041479/selected-figures-on-fossil-fuels-in-libya/
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