Tag Archives | Electricity

NOC sponsors Modernization of Argoub Electricity Grid

On November 24, 2018, the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, attended the contract signing ceremony of works related to the modernization and connection of power lines to the Argoub grid, within the Marsa el-Brega municipality. The project includes the renovation of the electricity grid and safe building of power lines to […]

Video: Power Outages Short-Circuit Libya’s Economy

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Years of conflict in Libya – especially in its so-called “oil crescent” – have hurt power generation. Many areas endure total blackouts for hours, and constant electricity outages are affecting all segments of life, […]

Siemens in 700m EUR Power Deal

Germany’s Siemens has signed contracts with the state-owned utility General Electricity Company of Libya (GECOL) to expand Libya’s power generation capacity by approximately 1.3 gigawatts (GW). Under these contracts Siemens will build a 650 MW open cycle power plant in Misrata, equipped with two F-class gas turbines (pictured), and a 690 MW open cycle power […]

Hyundai to complete Power Plant in Tripoli

By John Lee. South Korea’s Hyundai has reportedly announced it will return to Libya early next year to complete the suspended Tripoli West Power Plant project. Sources at the Libyan state-owned General Electricity Company (GECOL) told Xinhua that embassy officials and representatives of Hyundai held talks with GECOL regarding security arrangements in preparation for the […]

Libya may Import Electricity from Algeria

Algeria’s Sonelgaz and the General Electricity Company of Libya (GECOL) have reportedly begun discussions on the export of electricity and other services from Algeria to Libya. Following a meeting last Tuesday, Algerie Patriotique quotes Sonelgaz CEO Mohamed Arkab as saying: “We have a surplus national production of electricity, especially in winter. And at this time, […]

Sarir Oilfield gets Capacity Boost

By John Lee. Reuters reports that an electrical substation at Sarir oilfield, which was damaged by fire in January, has been replaced. An official from the field’s operator, the Arabian Gulf Oil Company (AGOCO), has said that the new station will increase capacity by 26,000 barrels per day (bpd). (Source: Reuters)