page_title: Mining industry of Libya
hierarchical_section_title: Mining industry of Libya
caption_attribution_description: English: El Sharara oil field, in Libya, operated by Repsol. Español: Yacimiento petrolífero El Sharara, operado por Repsol, en Libia.
context_page_description: The mining industry of Libya does not contribute significantly to its economy. Mining resources are located in remote regions with limited accessibility. The fuel sector, including oil reserves and natural gas is the major revenue-generating industry.
  Africa's largest proven oil reserves are in Libya. The first well was drilled in 1956 and oil was struck in the following year. The Wadi ash-Shati' may hold one of the world's biggest iron ore deposits.
context_section_description: The mining industry of Libya does not contribute significantly to its economy. Mining resources are located in remote regions with limited accessibility. The fuel sector, including oil reserves (which have a capacity of 29.5 billion barrels) and natural gas (which has 1.31 trillion cubic meters of reserve) is the major revenue-generating industry.
  Africa's largest proven oil reserves are in Libya. The first well was drilled in 1956 and oil was struck in the following year. The Wadi ash-Shati' may hold one of the world's biggest iron ore deposits.
caption: El Sharara oil field, operated by Repsol.
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