NOC Reviews 2027 Plans, Petrol and Gas Projects With Sirte Oil Company and RASCO

Oil industry meetings on production plans

LIBYA – The National Oil Corporation’s General Department of Oil Industries held two separate meetings on Sunday and Monday with Sirte Oil Company and the Ras Lanuf Oil and Gas Processing Company (RASCO) at their headquarters, to review manufacturing activity in 2026, production projects and the plans due to be implemented in 2027.

Petrol unit and 30-megawatt power station in Sirte

The Sirte Oil Company meeting addressed final preparations to start up a petrol production unit this week, along with a project for a fourth power-generation station at the petrochemical plants with a capacity of 30 megawatts, and the restart of a gas-processing unit to support local production, improve operating efficiency and reduce gas flaring.

Ras Lanuf projects and industrial safety

At the RASCO meeting, a presentation was given on the activities of the Health, Safety and Environment Department and the measures in place to protect operations. The meeting also reviewed the work of the Operations and Production Department at the industrial facilities, the operating situation, and the company’s existing, approved and ongoing projects, to strengthen direct coordination with the Corporation.

Corporation departments and both companies’ boards take part

The two meetings were attended by the directors of the Corporation’s Oil Industries and Inspection and Measurement departments, the chairmen and members of both companies’ boards of directors, and a number of specialists from both sides.

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