Ahmad 
The Libyan Minister of Oil and Gas, Mohamed Aoun, announced that Libya has recovered an estimated amount of about $ 2.4 billion from the state’s dues in the oil sector and royalties, which were previously withheld by the former head of the National Oil Corporation, Mustafa Sanallah.
In an interview with Energy magazine, Minister Aoun pointed out that Libya seeks to stop burning associated gas by 2025 and is preparing to enter the field of hydrogen after studying the possibility of transporting and exporting it to Europe and using it.
Regarding the increase in demand for liquefied natural gas, Aoun confirmed the existence of a memorandum of understanding with Italy to establish a gas liquefaction plant in Libya but stated that the talks stopped due to Mustafa Sanallah’s inaction and his entry into political labyrinths.
Aoun blamed British oil company BP for not investing in the sea and not pursuing its business in Libya. He also denied that the ministry had signed any agreement with South Korea’s STX to build an oil export pipeline through the Egyptian port of Jarjoub.
At the end of his speech, Minister Aoun confirmed the start of signing an agreement to generate electricity in a 500 MW plant and two other 500 MW plants under the auspices of the Renewable Energy Authority of the Council of Ministers.