Explore
Favorite
Suggested
18 - 24 May 2026

Top News Stories

Kenya
This Week

Libya Joins World Bank Gas Plan

Business 11/05/2026

Libya joined a World Bank-backed initiative to end routine gas flaring by 2030 as part of efforts to reduce energy waste and improve environmental sustainability. Officials said Libya flared about 6.3 billion cubic meters of gas in 2024, causing losses estimated at $650 million. Government representatives discussed plans for technical support, policy development, and capacity building to improve associated gas use and strengthen the role of the energy sector in the national economy.

Libya joined a World Bank-backed initiative to end routine gas flaring by 2030 as part of efforts to reduce energy waste and improve environmental sustainability. Officials said Libya flared about 6.3 billion cubic meters of gas in 2024, causing losses estimated at $650 million. Government representatives discussed plans for technical support, policy development, and capacity building to improve associated gas use and strengthen the role of the energy sector in the national economy.

Comments (0)

There are no comments yet

Be the first one to share your thoughts