Libya Oil
Production (2025)#17 World
1,382,022b/d+16.9% YoY
Consumption (2024)#53 World
222,799b/d+2.4% YoY
Daily Surplus (2024)
+959,428b/d
Consumption uses 18.8% of production.
Production
Consumption
Surplus
Oil Reserves in Libya
- Libya has proven oil reserves of 48,363,000,000 barrels (as reported in 2025) (#10 in the world), representing 2.7% of the world's total.
- As of 2025 production rates, Libya has roughly 97 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Libya
- Libya produced 1,382,022 barrels per day of oil and petroleum liquids in 2025 (#17 in the world), an increase of 16.9% from 1,182,228 barrels per day in 2024.
- Of that, 1,363,041 barrels per day was crude oil in 2025.
- And 20,000 barrels per day was natural gas plant liquids (NGPL) in 2025.
Libya has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Libya
- Libya consumed 222,799 barrels per day of oil and petroleum products in 2024 (#53 in the world), an increase of 2.4% from 2023. This represents 0.22% of the world's total oil consumption.
- Per capita, oil consumption in Libya averaged 1.27 us gallons per day in 2024 (#50 in the world).
- The largest refined-product categories were Motor Gasoline (51%), Distillate Fuel Oil (23.1%), and Residual Fuel Oil (11.8%).
(Historical) Oil Imports & Exports in Libya
EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.
Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.
oil Balance in Libya
- In 2024, Libya produced approximately 1,182,228 barrels per day of oil and consumed 222,799 barrels per day , a surplus of 959,428 barrels per day.
Libya Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 48,363,000,000 | 10 | 2.7% | 1,382,022 | +16.9% | 17 | 1.3% | — | — | — | — | — | — | — | — |
| 2024 | 48,363,000,000 | 10 | 2.7% | 1,182,228 | −5% | 17 | 1.1% | 222,799 | +2.4% | 53 | 0.22% | 1.27 | — | — | — |
| 2023 | 48,363,000,000 | 10 | 2.8% | 1,244,349 | +15.6% | 17 | 1.2% | 217,659 | +4.9% | 56 | 0.21% | 1.25 | — | — | — |
| 2022 | 48,363,000,000 | 10 | 2.8% | 1,076,835 | −14% | 18 | 1.1% | 207,473 | +2.9% | 57 | 0.21% | 1.21 | — | — | — |
| 2021 | 48,363,000,000 | 10 | 2.8% | 1,251,737 | +200.1% | 17 | 1.3% | 201,703 | +5.3% | 56 | 0.21% | 1.19 | — | — | — |
| 2020 | — | — | — | 417,095 | −65% | 31 | 0.44% | 191,546 | −12.1% | 56 | 0.21% | 1.14 | — | — | — |
| 2019 | 48,363,000,000 | 10 | 2.9% | 1,192,635 | +14% | 18 | 1.2% | 217,853 | −2.2% | 57 | 0.22% | 1.32 | — | — | — |
| 2018 | 48,363,000,000 | 10 | 2.9% | 1,045,937 | +14.6% | 20 | 1.0% | 222,713 | +4.5% | 55 | 0.22% | 1.37 | 0 | 1,067,387 | −1,067,387 |
| 2017 | 48,363,000,000 | 9 | 2.9% | 912,880 | +90.7% | 22 | 0.93% | 213,116 | +4.2% | 56 | 0.21% | 1.33 | 0 | 841,083 | −841,083 |
| 2016 | 48,363,000,000 | 9 | 2.9% | 478,717 | −2.9% | 30 | 0.49% | 204,537 | −7.4% | 56 | 0.21% | 1.3 | 0 | 392,469 | −392,469 |
| 2015 | 48,363,000,000 | 9 | 2.9% | 492,974 | −14.4% | 30 | 0.51% | 221,000 | −17.9% | 54 | 0.23% | 1.42 | 0 | 270,191 | −270,191 |
| 2014 | 48,470,000,000 | 9 | 2.9% | 576,150 | −44.9% | 28 | 0.61% | 269,269 | +4.6% | 46 | 0.29% | 1.76 | 0 | 357,577 | −357,577 |
| 2013 | 48,010,000,000 | 9 | 2.9% | 1,046,093 | −32.4% | 19 | 1.1% | 257,516 | +1.8% | 47 | 0.28% | 1.72 | 0 | 629,680 | −629,680 |
| 2012 | 47,100,000,000 | 9 | 3.1% | 1,547,751 | +196.6% | 19 | 1.7% | 253,035 | +33.7% | 48 | 0.28% | 1.72 | 0 | 1,195,560 | −1,195,560 |
| 2011 | 46,420,000,000 | 9 | 3.1% | 521,875 | −71.7% | 28 | 0.59% | 189,281 | −39% | 57 | 0.21% | 1.25 | 0 | 296,186 | −296,186 |
| 2010 | 44,270,000,000 | 9 | 3.3% | 1,845,073 | −0.0012% | 17 | 2.1% | 310,357 | +2.6% | 42 | 0.35% | 2.01 | 0 | 1,260,663 | −1,260,663 |
| 2009 | 43,660,000,000 | 9 | 3.3% | 1,845,094 | −5% | 17 | 2.1% | 302,392 | +16.4% | 43 | 0.35% | 1.99 | 0 | 1,290,062 | −1,290,062 |
| 2008 | 41,464,000,000 | 9 | 3.1% | 1,941,498 | +6.4% | 17 | 2.2% | 259,877 | +4% | 50 | 0.30% | 1.75 | 0 | 1,428,969 | −1,428,969 |
| 2007 | 41,464,000,000 | 9 | 3.1% | 1,824,155 | +0.26% | 16 | 2.1% | 249,981 | −4.9% | 49 | 0.29% | 1.72 | 0 | 1,441,679 | −1,441,679 |
| 2006 | 39,126,000,000 | 9 | 3.0% | 1,819,508 | +5.7% | 16 | 2.1% | 262,787 | −4.6% | 47 | 0.31% | 1.85 | 0 | 1,374,304 | −1,374,304 |
| 2005 | 39,000,000,000 | 9 | 3.1% | 1,720,600 | +6.9% | 17 | 2.0% | 275,582 | +5.6% | 44 | 0.33% | 1.98 | 0 | 1,321,300 | −1,321,300 |
| 2004 | 36,000,000,000 | 9 | 2.8% | 1,608,941 | +8.6% | 16 | 1.9% | 261,056 | −4.4% | 48 | 0.31% | 1.91 | 0 | 1,221,065 | −1,221,065 |
| 2003 | 29,500,000,000 | 9 | 2.4% | 1,482,025 | +7.7% | 16 | 1.9% | 273,041 | +3.6% | 42 | 0.34% | 2.04 | 0 | 1,083,527 | −1,083,527 |
| 2002 | 29,500,000,000 | 8 | 2.9% | 1,375,800 | −3.4% | 17 | 1.8% | 263,598 | +3.1% | 43 | 0.34% | 2.01 | 0 | 961,550 | −961,550 |
| 2001 | 29,500,000,000 | 8 | 2.9% | 1,423,910 | −3.2% | 16 | 1.9% | 255,717 | +0.22% | 43 | 0.33% | 1.99 | 0 | 962,556 | −962,556 |
| 2000 | 29,500,000,000 | 8 | 2.9% | 1,470,610 | +2.4% | 15 | 1.9% | 255,159 | +43.7% | 42 | 0.33% | 2.02 | 0 | 986,968 | −986,968 |
| 1999 | 29,500,000,000 | 9 | 2.9% | 1,436,441 | −6.2% | 16 | 1.9% | 177,600 | −5.3% | 53 | 0.24% | 1.43 | 0 | 934,485 | −934,485 |
| 1998 | 30,000,000,000 | 9 | 2.9% | 1,531,282 | +3.4% | 16 | 2.0% | 187,600 | −5.6% | 55 | 0.25% | 1.53 | 0 | 1,136,683 | −1,136,683 |
| 1997 | 30,000,000,000 | 9 | 2.9% | 1,480,758 | +2.9% | 15 | 2.0% | 198,800 | +6.3% | 54 | 0.27% | 1.65 | 0 | 1,042,633 | −1,042,633 |
| 1996 | 30,000,000,000 | 8 | 3.2% | 1,439,713 | +0.69% | 15 | 2.0% | 187,000 | +4.4% | 55 | 0.26% | 1.57 | 0 | 1,097,008 | −1,097,008 |
| 1995 | 23,000,000,000 | 10 | 2.4% | 1,429,789 | +3% | 15 | 2.0% | 179,100 | +8% | 56 | 0.26% | 1.53 | 0 | 1,113,039 | −1,113,039 |
| 1994 | 23,000,000,000 | 10 | 2.4% | 1,387,982 | −0.65% | 15 | 2.0% | 165,900 | +3.7% | 58 | 0.24% | 1.44 | 0 | 1,077,711 | −1,077,711 |
| 1993 | 23,000,000,000 | 10 | 2.4% | 1,397,089 | −7.3% | 15 | 2.1% | 160,000 | +7.3% | 57 | 0.24% | 1.42 | 0 | 1,098,782 | −1,098,782 |
| 1992 | 23,000,000,000 | 10 | 2.5% | 1,506,393 | −0.12% | 14 | 2.3% | 149,100 | −10% | 58 | 0.22% | 1.35 | 0 | 1,165,552 | −1,165,552 |
| 1991 | 23,000,000,000 | 10 | 2.3% | 1,508,151 | +7.7% | 14 | 2.3% | 165,600 | +7.1% | 49 | 0.25% | 1.53 | 0 | 1,218,247 | −1,218,247 |
| 1990 | 23,000,000,000 | 10 | 2.3% | 1,400,000 | +19.1% | 15 | 2.1% | 154,600 | +4.9% | 50 | 0.23% | 1.46 | 0 | 1,091,762 | −1,091,762 |
| 1989 | 22,000,000,000 | 10 | 2.4% | 1,175,036 | −2.1% | 16 | 1.8% | 147,400 | +3.7% | 50 | 0.22% | 1.43 | 0 | 856,773 | −856,773 |
| 1988 | 21,000,000,000 | 9 | 2.4% | 1,199,743 | +20.4% | 16 | 1.9% | 142,200 | +5.1% | 50 | 0.22% | 1.41 | 0 | 846,169 | −846,169 |
| 1987 | 21,000,000,000 | 9 | 3.0% | 996,863 | −5.8% | 16 | 1.6% | 135,300 | +8.4% | 51 | 0.21% | 1.38 | 0 | 771,291 | −771,291 |
| 1986 | 21,000,000,000 | 9 | 3.0% | 1,058,699 | −2.3% | 15 | 1.7% | 124,800 | −2.5% | 51 | 0.20% | 1.3 | 0 | 936,735 | −936,735 |
| 1985 | 21,000,000,000 | 9 | 3.0% | 1,083,685 | −2.7% | 15 | 1.8% | 128,000 | +6.7% | 50 | 0.21% | 1.38 | 0 | 855,696 | −855,696 |
| 1984 | 21,000,000,000 | 9 | 3.1% | 1,114,235 | +0.8% | 13 | 1.9% | 120,000 | −4% | 52 | 0.20% | 1.34 | 0 | 936,816 | −936,816 |
| 1983 | 22,000,000,000 | 8 | 3.3% | 1,105,356 | −3.9% | 12 | 1.9% | 125,000 | +0.81% | 50 | 0.21% | 1.41 | 0 | 950,414 | −950,414 |
| 1982 | 23,000,000,000 | 8 | 3.4% | 1,149,964 | +0.85% | 12 | 2.0% | 124,000 | +7.8% | 51 | 0.21% | 1.4 | 0 | 999,232 | −999,232 |
| 1981 | 23,000,000,000 | 8 | 3.5% | 1,140,222 | −36.2% | 12 | 1.9% | 115,000 | +15% | 52 | 0.19% | 1.33 | 0 | 1,089,927 | −1,089,927 |
| 1980 | 24,000,000,000 | 8 | 3.7% | 1,786,852 | −14.6% | 8 | 2.8% | 100,000 | — | 55 | 0.16% | 1.23 | 0 | 1,706,446 | −1,706,446 |
| 1979 | — | — | — | 2,092,099 | +5.5% | 9 | 3.7% | — | — | — | — | — | — | — | — |
| 1978 | — | — | — | 1,982,967 | −3.9% | 8 | 3.7% | — | — | — | — | — | — | — | — |
| 1977 | — | — | — | 2,063,022 | +6.7% | 7 | 3.8% | — | — | — | — | — | — | — | — |
| 1976 | — | — | — | 1,933,057 | +30.6% | 9 | 3.7% | — | — | — | — | — | — | — | — |
| 1975 | — | — | — | 1,479,940 | −2.7% | 10 | 3.1% | — | — | — | — | — | — | — | — |
| 1974 | — | — | — | 1,520,907 | −30.1% | 10 | 3.0% | — | — | — | — | — | — | — | — |
| 1973 | — | — | — | 2,175,019 | — | 6 | 4.3% | — | — | — | — | — | — | — | — |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal