No Result
View All Result
Saturday, December 6, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Minister of Industry discusses with Military Industrialization Organisation and private sector implementation of localisation of oil industries‎

bySami Zaptia
October 17, 2025
Reading Time: 3 mins read
A A
Minister of Industry meets the Committee for Localisation of Oil Materials and Equipment Industry

‎Within the framework of the implementation of the National Programme for the Localisation of the Oil Materials and Equipment Industry, the Minister of Industry and Minerals, Ahmed Abuhisa, received last Wednesday (15 October) at the Ministry’s Tripoli headquarters, the Head of the Military Industrialization Organisation (MIO), Brigadier General Mahmoud Al-Gutaiwi and his accompanying delegation.

The Ministry reported that the meeting also included representatives of private oil sector companies and several (unnamed) international agency owners from various regions of eastern, southern and western Libya, in the presence of Houssein El-Shtewi, the Chairman of the Committee for the Localisation of Oil Field Equipment (CLOFE) and the Technical Advisor to the Minister.‎

‎Manufacturing consumer spare parts samples needed by oil companies
The meeting was held to follow up on the outcomes of the visit of the delegation of the Ministry of Industry and private sector companies to the MIO’s ‘‘Factory 47’’, where the meeting dealt with the possibility of starting the implementation of manufacturing models for consumer spare parts needed by oil companies, in coordination with the National Oil Corporation.‎

‎Private sector ready to enter into partnerships
The Ministry reported that representatives of private oil sector companies expressed their desire as investors to enter into actual partnerships to start local manufacturing operations, provided that the NOC provides the required technical needs and specifications and ensures market stability and demand continuity.‎

‎Industrial localisation model for benefit of oil sector
In this regard, it was proposed that a joint meeting be held with the Chairman of the NOC to prepare for the next practical phase of building the industrial localisation model for the benefit of the oil sector.‎

RELATED POSTS

Industry and Minerals Ministry signs MoU with Hungary’s Rotary International Co. for joint infrastructure investment projects

Ministry of Industry and Libyan Export Development Authority launch new cooperation framework to support local industries

‎Preparing comprehensive structure for localisation of several oil industries
During the meeting, they also discussed the preparation of a comprehensive structure for the localisation of several oil industries within the factories of the Military Industrialisation Organisation in cooperation with the Ministry of Industry and Minerals, due to the Authority’s huge technical capabilities and qualified infrastructure capable of contributing to the development of national industries and achieving self-sufficiency in the field of manufacturing oil materials and equipment, in addition to the qualified technical cadres and advanced production facilities of the industrial companies.‎

‎Making steady progress
The Minister stressed that the Ministry of Industry and Minerals is steadily moving forward in achieving its national vision aimed at supporting local manufacturing, pointing out that the Ministry has achieved tangible successes in the field of industrial investment during the past period, which is beginning to see the light of day through real national partnerships with state institutions and the private sector.‎

‎Enabling implementation of ‘‘Made in Libya’’ slogan
The Minister also stressed that the Ministry is ready to provide all the required facilities to local investors and owners of international agencies, in order to enhance the industrial work environment and enable the private sector to actively contribute to the implementation of the slogan “Made in Libya”, and transform it from a vision to a reality that contributes to achieving sustainable economic development.‎

‎MIO’s factories have ability to manufacture to specifications
For his part, Brigadier General Mahmoud Al-Gutaiwi, Director of the MIO, confirmed that it welcomes this national step and puts all its technical and technical capabilities at the disposal of the Ministry of Industry and Minerals, explaining that the MIO’s factories have the ability to manufacture many oil equipment and needs according to the specifications applicable in the oil sector, which represents a real starting point towards an integrated Libyan industry.‎

‎Private oil companies and owners of international agencies express desire to participate
According to the Ministry, representatives of private oil companies and owners of ”international agencies” at the meeting also expressed their full desire to invest and participate in local manufacturing projects, stressing their support for the Ministry in its national programmes to localise oil industries and benefit from local capabilities in the fields of production and development.‎

‎Co-ordinating with NOC, matching manufacturing capabilities with sector requirements
At the end of the meeting, it was agreed to coordinate with the National Oil Corporation to prepare an integrated programme that includes identifying the requirements of oil companies and matching them with the capabilities of the factories of the MIO, in accordance with the technical specifications applicable in the oil sector, in order to enable the identification of products that are immediately implementable and put them into practice in the next stage, in support of the State’s efforts to build a solid national industrial base.‎

Tags: Committee for Localising Oil Fields Equipment CLOFElocalisation of industryMilitary Industries OrganisationMinister of Industry and Minerals Ahmed Abuhisa GNUministry of industry and Minerals

Related Posts

NOC announces force majeure at Zawia port
Business

National Oil Corporation, Eni, BP, and Libyan Investment Authority consortium preparing to drill first deepwater exploratory well in Sirte Basin

December 5, 2025
English High Court appoints Receiver to manage LIA litigations against Goldman Sachs and Societe Generale
Business

LIA launches a specialised Treasury and Risk Management (TRM) system

December 5, 2025
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Ministry of Economy and Trade discusses strengthening economic cooperation with Chargé d’affaires of the Chinese Embassy in Libya

December 5, 2025
The e-Commerce Expo 2026 is to be held at Tripoli International Fairgrounds from 27 to 29 January
Business

The e-Commerce Expo 2026 is to be held at Tripoli International Fairgrounds from 27 to 29 January

December 5, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Libyan Aviation Holding Company discusses leveraging Libya’s strategic geographic location as an investment opportunity including launching several airports to strengthen the sector

December 4, 2025
World Bank to participate in 4th Annual Libya Banking Development Forum
Business

The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December

December 4, 2025
Next Post
CBL receives results from meetings with international banks

CBL stats until end of September 2025: Libya has LD 8.4 billion surplus but US$ 6 billion deficit

Minister of Industry meets the Committee for Localisation of Oil Materials and Equipment Industry

Committee for Localisation of Oil Field Equipment invites local and international investors to manufacture oil materials and equipment locally

libyaherald-Ads

Top Stories

  • Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    0 shares
    Share 0 Tweet 0
  • AmCham Libya organizing Second AmCham Pavilion at Tripoli’s 2026 Libya Energy & Economic Summit (LEES)

    0 shares
    Share 0 Tweet 0
  • Libyan Ministry of Oil and Gas and Algeria’s Sonatrach discuss enhancing cooperation in the sector

    0 shares
    Share 0 Tweet 0
  • Libya needs over one million housing units over next 10 years costing over 200 billion dinars

    0 shares
    Share 0 Tweet 0
  • Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Overnight Zawia clashes end with civilian injuries and unconfirmed deaths

National Oil Corporation, Eni, BP, and Libyan Investment Authority consortium preparing to drill first deepwater exploratory well in Sirte Basin

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.