Libya's Sirte Co. restarts methanol II plant after more than 7 yrs
11/10/2025 9:00:00 AM
Libya's Sirte Oil and Gas Co. has restarted its second methanol plant after more than seven years, the country's National Oil Corp (NOC) said in a statement on Wednesday.
The plant can produce 670 metric tpd of methanol, an oil sector source said.
Sirte is a subsidiary of NOC. Its first methanol plant, which was reopened in 2023 after years of shutdown, has a production capacity of 600 metric tpd, according to the NOC website.
NOC said the second plant's resumption was a "significant step" that enhances Sirte's production capabilities and diversifies its products.
It added that the company's oil production has reached 114,000 bpd.
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