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“Huge” reserves of oil and gas in the fields shared between Algeria and Libya

May 31, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
“Huge” reserves of oil and gas in the fields shared between Algeria and Libya

Data from the Oil and Gas Fields Encyclopedia on the specialized energy platform revealed that the fields shared between Algeria and Libya store massive reserves of oil and gas within the Ghadames Basin, estimated at about 50 trillion cubic feet of natural gas and 3.5 billion barrels of oil, making the area one of the most important hydrocarbon basins in North Africa. According to the encyclopedia data, the Algerian Hassi R'Mel field and the Libyan Al-Wafa field top the list of shared fields between the two countries, as technical studies indicate that they form a single geological reservoir extending across the Algerian-Libyan border. Watch the full content on Echourouk Online.

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