On Monday, Libyan Prime Minister, Abdel-Hamid Dbaiba held a meeting with Laurent Vivier, Senior Vice President of TotalEnergiens Middle East and North Africa Exploration & Production branch. This was to discuss cooperation in the fields of solar energy, gas, and oil.
Dbaiba emphasised Libya’s “keen interest in cooperating and investing with leading global companies, like Total. The primary focus is to create investment opportunities for all who are interested in doing business with Libya, particularly in the solar energy sector, to diversify the country’s energy sources.”
Vivier presented an overview of the executive actions to launch a 500-megawatt solar power project. This initiative is part of the agreement between Total and the Renewable Energies Authority, marking an experimental project. In addition to this, cooperation with the National Oil Corporation (NOC) was discussed to explore opportunities in the oil and gas sectors.
As part of its commitment to green energy and economic diversification, Libya is seeking to maximize its solar energy potential in collaboration with TotalEnergy, a renowned player in the international energy market. The meetings signify a significant step towards harnessing Libya’s vast renewable resources. As well as transforming the energy landscape to promote sustainability, and economic growth. The partnership will also bolster the national oil and gas sectors, thus paving the way for a brighter, energy-sustainable future for Libya.
This strategic cooperation is poised to unlock a new era of energy development in Libya, demonstrating its commitment to renewable energy adoption, and making significant strides in its journey towards energy independence.
Libya has been in chaos since a NATO-backed uprising toppled longtime leader, Muammar Gaddafi in 2011. The county has for years been split between rival administrations, each backed by rogue militias and foreign governments.
The current stalemate grew out of the failure to hold elections in December 2021, and the refusal of Dbaiba, who is leading the transitional government, to step down. In response, the country’s eastern-based Parliament appointed a rival government, which has for months sought to install itself in Tripoli.
