Lu Jingmei and Huang Xingwen
								
																	Analysis of Influencing Factors on Hydrocarbon Discoveries in Paleozoic Hydrocarbon Basins, Libya
																
								
								
								
									2008, 13(5): 
																			71-76,90. 
																		
								
									 Asbtract 
										( 
465 )
 
										Asbtract 
										( 
465 )  
										                                             HTML  
										
																				 								
								
									                            						                              					                              					                              				Related Articles | 
	                              				Metrics
                                            HTML  
										
																				 								
								
									                            						                              					                              					                              				Related Articles | 
	                              				Metrics
                            	 								
								There are six hydrocarbon basins in Libya, in which four are Paleozoic hydrocarbon basins, i.e., the Ghadamis Basin, the
Murzuq Basin, the Kufra Basin, and the Cyrenaica Basin. The proved reserves of the basins account for 9% of the total in the whole
country. Other reserves centralize in Mesozoic and Cenozoic basins. Based on the study of the exploration history of the oilfields and
basins with hydrocarbon discoveries, three factors influencing Paleozoic hydrocarbon discoveries are recognized, namely, the petroleum
geology conditions, the exploration degree, the world situation and national policies. The petroleum geology condition is the most
critical one. Ghadamis and Murzuq basins have favorable petroleum geology conditions among the four basins. In recent years, the
relationship between Libya and U. S. is much better than before and the national policies are favorable, so the exploration investment in
Paleozoic basins, especially in the Murzuq Basin, increase a lot, and new discoveries are made increasingly. The Paleozoic basins are
becoming hot spots in exploration, and they should be paid more attention by Chinese oil companies.