Libyan Prime Minister Abdul Hamid Dbeibah recently held a meeting with the heads of international oil companies to discuss areas for developing cooperation. The meeting was held at the ninth regular meeting of the Supreme Council for Energy and Water Affairs in Tripoli, where Dbeibah stressed the need to increase oil and gas manufacturing thru new exploration and to help overseas and neighborhood funding according with legal guidelines that maintain the rights of the Libyan state.
According to the source you provided, Dbeibah discussed with companies representing Turkey, Italy, Spain, and France, including Eni, Repsol, Total, Oilinvest, and BGN, areas of developing cooperation in oil exploration and investing in Libya’s potential in the area of energy.
In addition to this, Dbeibah also attended the Libya Energy and Economic Summit, which was held in Tripoli on January 13-14, 2024. The summit aimed to unite the entire energy sector together with other critical areas of the economy, with the goal of creating and sustaining partnerships for energy and economic opportunity. Dbeibah underscored the hobby in trying to find opportunity and renewable power sources, consisting of the usage of sun power generation with the aid of using exploiting Libya’s capability to set up the most important sun power fields withinside the region, stressing that they are working on placing Libya at the forefront of “the superior countries in this field, at the same time as exporting its surplus to neighboring nations in Africa and the Mediterranean region”.
The Libya Energy and Economic Summit is an important event that aims to create and sustain partnerships for energy and economic opportunity. The summit is a platform for policymakers, industry leaders, and stakeholders from both the Libyan energy sector and broader global economy to discuss creating a new Libya, one that is built on energy.