Chairman of the National Oil Company Mustafa Sun’allah said the company can increase gas production by 50% of the 3000 million cubic feet per day. Sun’allah, who took part in the Ministerial Meeting of Gas Exporting Countries in Moscow, said $5 billion could be saved annually if gas was used as a substitute for liquid fuel in power generation plants. He pointed out to the role that Libya could play as a key gas producer, if needed investment was provided and the security situation allowed.
