Libya's premier on Saturday hailed the nation's strides in the energy sector, emphasizing the government's efforts to bring stability and expand the oil and gas industries that underpin the country’s economy.
'It pleases me to welcome you all to this summit, which embodies our commitment to supporting the energy sector – the main engine of the national economy and the core source of development and stability,' Abdul Hamid Dbeibeh said in his opening remarks on the sidelines of the 3rd Libya Energy and Economic Summit in Libya’s capital Tripoli.
Organized by Energy Capital & Power, a platform focused on African energy investments, the two-day event is held in official partnership with Libya's Prime Ministry, the Oil and Gas Ministry, the National Oil Corporation (NOC), and the Renewable Energy Authority.
It will also discuss projects and investment opportunities expected to transform Libya's energy sector.
Dbeibeh credited government-led initiatives and support by Libya’s Government of National Unity for overcoming longstanding challenges in Libya's oil and gas sectors, citing targeted efforts to restore production levels and rehabilitate key infrastructure.
- Production milestones
Libya's crude oil production has surpassed 1.4 million barrels per day (bpd) while gas production has climbed to 210,580 bpd, Dbeibeh added.
The figures represent a dramatic turnaround from 2020, when production stood at approximately 800,000 bpd, the Libyan premier said.
'Since taking office, our government has doubled production to 1.67 million bpd,' he said, outlining a series of field restarts that have fueled the increase.
In the last four years, the government revived operations at 10 previously disrupted or destroyed oil fields, Dbeibeh explained.
The recent restart in 2025 added a further 69,432 bpd to national output, he said.
Praising the efforts of the Ministry of Oil and Gas, and the NOC in implementing policies aimed at safeguarding the sector from political interference, Dbeibeh stressed the government’s commitment to spending oil revenues transparently and ensuring full oversight.
'These achievements reflect the seriousness of our efforts to stabilize this vital resource and use it as a foundation for progress,' he said.
'We are determined to strengthen partnerships and adopt modern systems to sustain growth in the sector.'
- Goal to integrate clean energy sources into national energy strategy
Libya's Oil and Gas Minister Khalifa Abdulsadek, on his part, highlighted the global need to balance accessible and affordable energy with a sustainable transition to clean energy sources, while emphasizing Libya's readiness to play a pivotal role in global energy security.
Abdulsadek underscored Libya's significant role in contributing to a safer, more sustainable energy future, leveraging its abundant fossil fuel resources and burgeoning renewable energy potential. 'Libya's production rates have risen to 1.4 million barrels per day following the resumption of international oil companies’ exploration activities, stalled since 2014,' he said.
The minister detailed Libya's plans to integrate solar and other clean energy sources into its national energy strategy, aiming to reduce carbon emissions, enhance natural gas exports, and position the country as a reliable energy partner.
'Libya’s strategic location between Africa and Europe and its renewable energy potential make it a vital player in the energy transition,' Abdulsadek added.
He also reiterated Libya's openness to international partnerships to expand its gas production capacities. 'The National Oil Corporation is planning to launch new bidding rounds and open general tenders for exploration and production under modern contractual terms based on shared profit and mutual benefit,' he said.
Abdulsadek concluded by extending an invitation to global oil companies, technology innovators, and investors to join Libya in its energy transformation journey.
By Firdevs Yuksen and Sibel Morrow in Tripoli
Anadolu Agency
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