Libya Details Energy Sector Plans at Riyadh World Energy Week

Libya’s Minister of Oil and Gas Khalifa Abdel-Sadig outlined plans to develop the country’s energy sector while participating in World Energy Week events in Riyadh, Saudi Arabia.

The gathering brings together energy officials and industry leaders from across the Middle East and beyond.

Plans for Sector Growth

He said the plans include increasing oil and gas production, modernizing infrastructure, boosting investment, maximizing natural gas utilization, expanding renewable energy projects, and efforts to curb emissions and reduce gas flaring.

Strategic Advantages and Investment Appeal

He emphasized that the government’s vision for energy sector development serves as a key driver of economic growth, leveraging Libya’s hydrocarbon resources, its strategic location between Africa and Europe, and its solar energy potential, which enhance its ability to support regional energy security and attract international investment.

He also affirmed the Tripoli government’s openness to international partnerships, investments, and technologies that contribute to sector modernization, knowledge transfer, national capacity building, and the transformation of energy resources into sustainable economic and developmental value.

Delegation Accompanying the Minister

Accompanying the minister at the 25th World Energy Congress events were Mustafa Al-Mana, Head of the Executive Team for PM’s Initiatives and Strategic Projects; Yassin Al-Abyad, Director General of the Economic and Social Development Fund; and Bashir Al-Ashhab, Chairman of the Board of the GreenStream gas pipeline linking Libya to Italy.