Oil reserves in Libya 2020

Since 2012, proved oil reserves in Libya remained the same, at 6.3 billion metric tons.

Proved oil reserves in Libya from 1990 to 2020* (in billion metric tons)

Characteristic	Reserves in billion metric tons
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Release date

July 2021

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Region

Libya

Survey time period

1990 to 2020

Supplementary notes

* Total proved reserves of oil: generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
The figures through 2009 are taken from the Exxon report “Oeldorado 2009”.
Figures from 2010 to 2018 are taken from previous editions of BP's statistical reviews.
For clarity purposes, the figures have been rounded.

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