Libya’s Tripoli based Minister of Oil and Gas, Khalifa Abdel Sadeg, held a meeting with his Nigerian counterpart, (Senator) Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) of Nigeria, on the sidelines of their participation in the Ninth Global Symposium of the Organization of the Petroleum Exporting Countries (OPEC), held in the Austrian capital, Vienna, 9-10 July.
Supporting global energy security
The two sides, the Tripoli based Libyan Ministry of Oi and Gas reported last Saturday (12 July), discussed the prospects of bilateral cooperation in natural gas projects, and the joint role of Libya and Nigeria in supporting global energy security, in a way that serves the interests of both countries and enhances stability in the region.
Gas pipeline project linking Libya and Nigeria
The meeting also discussed the possibilities of developing the gas pipeline project linking Libya and Nigeria, exporting gas to European markets, in addition to discussing the necessary executive steps to activate this vital project.
Upcoming visit of high-level Nigerian Ministry of Oil delegation to Libya
The two sides agreed to coordinate the organization of an upcoming visit of a high-level delegation from the Nigerian Ministry of Oil to Libya, to follow up on the latest developments in joint cooperation.
Libya and Nigeria MoU to conduct technical and economic feasibility study on pipeline project
It will be recalled that in September 2024 Libya and Nigeria had agreed to prepare an MoU to conduct technical and economic feasibility studies on Nigeria’s plan to implement a pipeline project to transport gas produced from its fields to export gas to Europe via Libya.
The news was revealed by the Tripoli based Libyan Ministry of Oil and Gas on 20 September after Acting Oil and Gas Minister Khalifa Abdel Sadeg held a consultative meeting with Ekperikpe Ekpo, Minister of State for Petroleum Resources (GAS) of Nigeria.
The meeting was held on the sidelines of GASTECH 2024 in Houston, Texas, from 17-20 September.
The Libyan Ministry of Oil and Gas said this project is expected to have a tremendous economic return on the Libyan state.
Libyan government presented by study in 2023
It will be recalled that in September 2023, the then Oil and Gas Minister Mohamed Aoun, had revealed at a press conference that his ministry had presented a study to the Libyan government for the proposed Nigeria gas pipeline to Europe, planned to run through Algeria, to run through Libya instead.
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Libya and Nigeria agree to prepare an MoU on Nigeria’s gas pipeline to Europe passing through Libya
