Thursday, July 3, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya & Turkey Sign MoU on Hydrocarbon Exploration

October 3, 2022
Share on FacebookShare on Twitter

On Monday, Libya’s Foreign Minister, Najla Al-Mangoush and her Turkish counterpart, Mevlut Cavusoglu signed a memorandum of understanding on the exploitation of Libyan gas and hydrocarbons.

This came during an official visit by a high-ranking Turkish delegation to Libya. This included Turkish Foreign Minister; Mevlut Cavusoglu, Defense Minister; Hulusi Akar, Energy and Natural Resources Minister; Fatih Donmez, Trade Minister; Mehmet Mus, Communications Director; Fahrettin Altun and Presidential Spokesperson; Ibrahim Kalin.

Earlier, it was leaked that the agreement would refer to the leasing of the Exclusive Economic Zone of Libya to Turkey, for the exploration of oil and natural gas by Turkish companies.

“We discussed the steps towards a political solution and our relations with Prime Minister Abdel-Hamid Dbaiba. We signed a Memoranda of Understanding in the hydrocarbons field,” Cavusoglu said.

“The agreement on hydrocarbons that we just signed highlights the cooperation between Turkish companies and Libyan companies, for the exploration and drilling, with a mutual cooperation both on land and at sea,” he said.

“Turkey will continue to stand with Libya without any hesitation,” he added during a joint news conference with Al-Mangoush.

He claimed that all coastal countries should benefit equally from the Mediterranean.

Last month, Cavusoglu said that Ankara sought to establish relations with all parties in Libya, to ensure security and stability.

He added in press statements that “those who were criticizing Turkey’s presence in Libya have today praised the effective role it plays in this country, and started saying that Turkey is a guarantor of security and stability there.”

He pointed out that “international relations are constantly changing, and that Turkish foreign policy adapts to changing circumstances in line with its national interests.”

Turkey reportedly maintains land, sea, and air bases and thousands of soldiers and “mercenaries” in western Libya. It is also training Libyan forces, according to a military and security cooperation agreement.

  • Turkish Army in Libya. For How Much Longer?
  • Libya-Greece Sign Economic Cooperation MoU
  • Russia’s Tatneft Resumes Drilling Operations in Libya
  • Libya Signs 13 MoU’s with Egypt
  • Egypt to Establish Several New Factories in Eastern Libya
Tags: libyaLibyan GasMevlut CavusogluNajla al MangoushTurkey
Next Post

Libyan Parliament Rejects Agreement with Turkey

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Foreign-Led Human Trafficking Ring Arrested in Libya

Libya to Enforce ID Registration for All Foreign Nationals

Turkey Hosts Libyan Military Delegations After Saddam Haftar Visit

Libya Achieves World’s Highest Growth Rate Among Sovereign Funds

EU Calls for Firm Measures in Libya to Halt Migrant Boats

Libya Plans First Oil Auction in 18 Years

EDITOR PICKS

Libyan Government Signs Multi-Sector Deals with Belarus

Libya Expands Economic Ties with Chinese Industry Giants

Libya Plans First Oil Auction in 18 Years

Libya & Belarus Discuss Direct Flights

Libya Achieves World’s Highest Growth Rate Among Sovereign Funds

Benghazi Hosts Libyan-Swiss Humanitarian Dialogue

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR