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International representatives make various interventions at Libya Energy and Economic Summit 2024

bySami Zaptia
January 14, 2024
Reading Time: 2 mins read
A A
30 to 40 percent of Libya’s area is still unexplored for hydrocarbons: Oil Minister Aoun

Libya Energy and Economic Summit 2024 (Photo: GNU).

Various international ministers and company representatives made speeches or interventions as part of panels yesterday on the opening day of the Libya Energy and Economic Summit 2024 (Tripoli, 13 to 14 January).

Malta
Maltese Environment, Energy and Enterprise Minister, Miriam Dalli, said Libya is a strong partner in the energy field. She said Libya has the opportunity to play a leadership role in the sector and a lot can be achieved together if as countries bordering the Mediterranean we work together.

Turkey
Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar said we must act urgently and quickly towards adopting alternative energy. “The transition to alternative energy must be done in a deliberate and fair manner based on policies and research, and not randomly or emotionally.”

The world is still in need of oil and the demand for it is increasing every day, especially with the rise in the Earth’s population and the growth of new economies.

Total Energies
Senior Vice President Middle East and North Africa for Total Energies, Julien Pouget said the main problem facing us as investors in Libya is the ambiguous security situation, which is sometimes “very difficult.”

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He said the Al-Sadada project to develop renewable energy production by relying on solar energy, which is supposed to produce 500 megawatts of solar energy, will contribute to the development of energy production in Libya and to the development of the economy as a whole.

 

Goal to raise production to 2 million barrels per day is linked to developing partnerships with foreign companies: NOC chairman Bendgara (libyaherald.com)

30 to 40 percent of Libya’s area is still unexplored for hydrocarbons: Oil Minister Aoun (libyaherald.com)

Libya Energy Summit is great support to enhance stability and investment environment: Aldabaiba (libyaherald.com)

Attorney General holds press conference to present an overview of cases in 2023 (libyaherald.com)

NOC declares force majeure on Sharara oilfield due to closure by local protesters (libyaherald.com)

Legal case against NOC chairman Bengdara moving forward – court to issue urgent ruling on 22 January (libyaherald.com)

 

Tags: Libya Energy and Economic Summit 2024Malta MalteserenewableSadadaTotalEnergies Total EnergiesTurkey Turkish

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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

Op-Ed: Reputational Damage Is Worse Than Losing Money

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