Oil reserves in Libya are the largest in Africa, and among the ten largest oil reserves globally with 46.4 billion barrels (7.38×10^9 m3) of proven oil reserves as of 2010. Oil production was 1.65 million barrels per day (262×10^3 m3/d) as of 2010, giving Libya 77 years of reserves at current production rates if no new reserves were to be found. Libya is considered a highly attractive oil area due to its low cost of oil production (as low as $1 per barrel at some fields in 2002), low sulfur content, being classified as "sweet crude" and in its proximity to European markets. Libya's challenge is maintaining production at mature fields, while finding and developing new oil fields. Most of Libya remains under-explored as a result of past sanctions and disagreements with foreign oil companies.
The majority (85%) of Libyan oil is exported to European markets. 11% or 403 million barrels (64.1×10^6 m3) of oil imports to the European union in 2010 came from Libya, making it the third biggest exporter to the EU behind Norway and Russia. (Full article...)
The following are images from various Libya-related articles on Wikipedia.
Image 1The temple of Zeus in the ancient Greek city of Cyrene. Libya has a number of World Heritage Sites from the ancient Greek era. (from History of Libya)
Image 2Flag of the Great Socialist People's Libyan Arab Jamahiriya (lasting from 1977 to 2011), the national anthem of which was "الله أكبر" (English: Allahu Akbar=god (is) great) (from History of Libya)
Image 11The Arch of Septimius Severus at Leptis Magna. The patronage of Roman emperor Septimus Severus allowed the city to become one of the most prominent in Roman Africa. (from History of Libya)
Image 12Omar Mukhtar was the leader of Libyan resistance in Cyrenaica against the Italian colonization. (from History of Libya)
Image 36Australian infantry at Tobruk during World War II. Beginning on 10 April 1941, the Siege of Tobruk lasted for 240 days. (from History of Libya)
Image 40Al Manar Royal Palace in central Benghazi – the location of the University of Libya's first campus, founded by royal decree in 1955 (from Libya)
Image 50Territorial growth of Italian Libya: Territory ceded by Ottoman Empire 1912 (dark-green) but effectively Italy controlled only five ports (black), territories ceded by France and Britain 1919 and 1926 (light-green), territories ceded by France and Britain 1934/35 (red) (from History of Libya)
Image 54King Idris I announced Libya's independence on 24 December 1951, and was King until the 1969 coup that overthrew his government. (from History of Libya)
... that to repel migrants, the European Union has paid hundreds of millions of euros to Libyan partners known to be involved in human trafficking, slavery, and torture?