Libya Seeks Return of Turkish Firms to Rebuild Energy Sector
Libya's Acting Minister of Oil and Gas, Khalifa Abdel-Sadiq, has officially called on Turkish oil and energy companies to return to Libya and resume operations, emphasizing that the country's investment climate has improved significantly. He welcomed serious partnerships in oil exploration, production, and energy innovation.
The minister's remarks came during a high-level meeting with Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, on the sidelines of the Natural Resources Summit held in Istanbul. According to a statement from Libya's Ministry of Oil, the discussion focused on expanding bilateral cooperation, particularly in oil exploration, technical support, and joint energy projects that would strengthen strategic ties between Libya and Turkey.
Abdel-Sadiq took part in a panel discussion hosted by Bayraktar and attended by several ministers of energy and natural resources. He used the platform to highlight Libya's growing energy opportunities, stressing the ministry's goals—alongside the National Oil Corporation (NOC)—to increase exploration efforts, enhance production capacity, and rebuild hydrocarbon reserves.
He invited major international energy companies, especially from Turkey, to invest in Libya's oil and gas industry under secure and favorable conditions. The minister underlined the importance of modern technology and innovation in helping Libya meet its energy targets, including increasing crude oil output, improving refining capacity, and achieving self-sufficiency in fuel production.
In addition, Abdel-Sadiq emphasized Libya's interest in renewable energy projects as part of a broader energy diversification strategy. He noted that strengthening the role of clean energy in Libya's domestic power supply would help redirect more natural gas toward export markets, creating additional revenue streams and stabilizing supply to global partners. Tags: EnergygasinvestmentlibyaoilTurkey
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