A statistical report by the German-based website “Statista” has revealed the top crude oil suppliers to Italy in 2023. According to the report, Azerbaijan was the leading supplier, exporting nearly 11 million tonnes of oil. Libya followed closely, supplying over 10 million tonnes.
The report also listed the United States, Iraq, Kazakhstan, Saudi Arabia, Nigeria, Norway, Algeria, and the UAE as significant suppliers, ranking from third to tenth, respectively.
This data highlights Libya’s critical role in the Italian oil market, demonstrating the country’s significant contribution to Italy’s energy needs. Despite ongoing challenges, Libya remains a vital player in the global oil industry.
Last week, the Libyan Ministry of Industry and Minerals in the Government of National Unity (GNU) and the Ministry of Enterprises and Made in Italy have signed an agreement to enhance the cooperation on several sectors.
The agreement aims to enhance cooperation between the two countries in renewable energy, green hydrogen, direct investment, and joint initiatives between companies. It also focuses on exchanging expertise in research, applied innovation in manufacturing, and skills training.
The signing ceremony was held during the Libya International Conference on Industry and Technology, in Tripoli.
Libyan Minister of Industry and Minerals, Ahmed Abuhisa, emphasised that the ministry will work to implement the recommendations. He highlighted that the provisions of the 2008 Friendship and Partnership Agreement with Italy are now active across all relevant sectors.
The Italian Minister of Enterprises and Made in Italy, Adolfo Urso, underscored the deep strategic partnership between Libya and Italy, particularly in energy, oil, and gas. He expressed Italy’s readiness to collaborate on strategic energy projects in Libya to meet local needs and for export.
This visit comes shortly after the trip of Italian Prime Minister Giorgia Meloni to the Libyan capital. Urso’s mission is part of a broader series of ministerial visits to Africa, which began in April in Egypt and will continue on May 27 in Tunisia.
