Oil reserves in Libya 1990-2019

This statistic shows the oil reserves in Libya from 1990 to 2019. In 2019, Libya's reserves of oil amounted to more than 6.3 billion metric tons. Libya currently holds one of the largest shares of the oil reserves in Africa.

Oil reserves in Libya from 1990 to 2019

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Source

Release date

June 2020

Region

Libya

Survey time period

1990 to 2019

Supplementary notes

Total proved reserves of oil: generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
The figures through 2009 are taken from the Exxon report “Oeldorado 2009”.
Figures from 2010 to 2018 are taken from previous editions of BP's statistical reviews.
For clarity purposes, the figures have been rounded.

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Statistics on "Crude oil industry of the Gulf Cooperation Council"

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