Opportunities and challenges for the Libyan geological resource’s development: an overview

Ferid Dhahri (), Emad Alashkham and Mahmood Sofe
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Ferid Dhahri: University of Tunis El Manar
Emad Alashkham: University of Tunis El Manar
Mahmood Sofe: University of Gharyan

Mineral Economics, 2024, vol. 37, issue 3, No 19, 719-723

Abstract: Abstract The Libyan territory is made of a heterogeneous geologic bodies including intrusive igneous, metamorphic, volcanic rocks, and marine and continental sedimentary formations, Archean to Quaternary in age. It makes part of the “Saharan Metacraton” built up by the pre-Neoproterozoic continental crust between the Hoggar to the west, the Congo Craton to the South, and the Arabian–Nubian Shield to the East. This territory includes heterogeneous mineralogies and lithologies engendered by various geological processes that established appropriate conditions for geo-resources occurrence. Libya has indeed an interesting hydrocarbon potential and the potential to enhance the production and the development of many others geological resources. Unfortunately, trusted official data describing the true state of the geo-resources sector in Libya including production, demand, and market balance are missing for the post 2010 period due to the no effective governance resulting from the political-military instability. Accordingly, this short report is mainly based on the analysis of relevant multisource data and information from published research and available documentation. It constitutes a general diagnosis and a synthesis of the state of the art of the geo-resources of Libya from a combined geological and economic point of view and exposes the opportunities and the challenges their future development faces.

Keywords: Geo-resources; Development; Challenges; Libya (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13563-023-00385-z

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