Economics and Business

Libya Energy and Economic Summit started in Tripoli

Libyan Cloud News Agency – Tripoli

Libya Energy and Economic Summit 2021 started in Tripoli on Monday, which represents the first large-scale international event to be held in Libya in more than a decade.

The Deputy Prime Minister Ramadan Abu Janah, the Minister of Oil and Gas, Mohamed Aoun, the Foreign Minister Najla Al-Manqoush, and the Chairman of the Board of Directors of the General Electricity Company, Wiam Al-Abdali, attended the opening session, in addition to managers of major oil companies operating in Libya.

The summit will include panel sessions on the future of oil and gas production in Libya, the status of the industry at present, the successes, challenges and expectations of new projects.

The participants in the summit will also discuss topics related to job opportunities, building communities and competencies, and the most important issues facing Libyans in the energy industry.

This summit aims to revive the Libyan energy sector by introducing regional and global stakeholders to opportunities across the market, through a diversified program agenda covering a range of topics.

During the two-day summit, agreements will be signed between the Libyan side and TotalEnergies, Hess and ConocoPhillips for creating investment and development projects in the Libyan energy sector.

The Minister of Oil and Gas, Mohamed Aoun, told the Libyan Cloud News Agency that the summit aims to explain to the outside world that Libya has become a fertile environment for the return of foreign companies, especially service and construction companies, whether in the oil sector, infrastructure, airports, roads, bridges, bridges or electricity.

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