The Chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman, has called on European oil companies to invest in Libya. Suleiman announced plans to launch a public tender for oil exploration soon, as revealed in a statement on the NOC’s official Facebook page.
The invitation was extended during a meeting held on Monday at the NOC headquarters in Tripoli with the European Union Ambassador to Libya, Nicola Orlando, and his accompanying delegation.
According to the NOC, the discussions focused on strengthening cooperation between the corporation and the EU to advance Libya’s oil sector. The plans align with the NOC’s strategies to boost development in the energy industry.
Suleiman emphasised Europe’s continued role as a key partner in Libya’s oil and gas sector. He expressed the corporation’s aspirations to expand partnerships in various fields, including oil and gas production and related industries.
Maintaining sector stability and increasing daily production rates remain top priorities for the NOC, Suleiman said, as it works towards achieving its long-term goals.
Ambassador Orlando praised the performance and achievements of Libyan professionals in the oil industry. He reaffirmed the EU’s full support for the stability of Libya’s oil sector and its commitment to fostering joint projects.
The EU is also keen to explore new areas of collaboration, particularly in alternative and renewable energy projects, according to the ambassador.
