Tripoli based Libyan Prime Minister Abdel Alhamid Aldabaiba inaugurated the third edition of the Libya Energy and Economic Summit 2025 (LEES 2025) in Tripoli yesterday. According to the government, the event hosted about 1,500 specialists in the fields of energy and economy, the participation of 30 countries, and the presence of several ambassador including the Chargé d’affaires of the US Embassy in Libya.
The summit, it added, witnessed the participation of 490 international companies operating in the oil and energy sector reflecting the importance of the event in enhancing international cooperation and exchanging experiences.
In his opening speech, Aldabaiba expressed Libya’s commitment to supporting the energy sector as a key engine of the national economy and referred to the efforts made by the government to overcome the difficulties faced by the oil and gas sector, where crude oil production (yesterday) had reached 1,413,372 barrels per day, with gas production recording 210,586 barrels equivalent per day.
He said his government worked on restarting oil fields, where 10 fields were operated to boost production and directed the Ministry of Oil and Gas to launch new rounds aimed at increasing reserves and increasing production capacity.‎
‎Aldabaiba also referred to the “Green Libya” initiative to plant 100 million trees, in support of the environment and renewable energies.‎
‎He said his government sought to meet the needs of the local market and provide natural gas for export, to enhance Libya’s role as a major source of clean energy. He also emphasised the importance of international cooperation to achieve sustainable development and stability.‎
The summit will also feature scientific sessions and specialized workshops, in which experts and researchers will discuss challenges and opportunities in the energy sector, with the aim of promoting innovation in the technical and regulatory fields.
‎These sessions seek to provide a platform for the exchange of knowledge and experiences, thus contributing to the development of effective strategies to face global changes in the energy market.‎
PM Aldabaiba launches ‘‘Green Libya Initiative’’ – includes planting 100 million trees
Libya’s total hydrocarbon production up to 1,673,589 bpd
Libya Energy & Economic Summit 2025 will be held in Tripoli from 18-19 January
