On Tuesday, the chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman, met with British Ambassador to Libya, Martin Longden, to discuss expanding energy cooperation between the two countries.
The meeting, held in Tripoli, focused on opportunities for British involvement in Libya’s oil sector and strategies to enhance investment, technology transfer, and economic growth.
The discussions came as Libya’s NOC officially launched its General Exploration Licensing Round, an initiative that has attracted the attention of major global oil companies and key diplomatic representatives.
The licensing round, unveiled during a high-profile event, marks a significant step toward revitalizing Libya’s energy sector and unlocking new oil and gas reserves.
Ambassador Longden reaffirmed the United Kingdom’s strong commitment to supporting Libya’s National Oil Corporation in achieving its ambitious goals. He emphasized that developing Libya’s energy sector is crucial for economic recovery and long-term stability.
The UK is keen to foster greater collaboration with Libya, particularly in areas of oil exploration, renewable energy development, and technical expertise.
The UK has long been a strategic partner in Libya’s energy industry, with British firms playing an essential role in oil field services, infrastructure development, and capacity-building. As Libya seeks to increase production and modernize its energy sector, international support and investment will be key drivers of success.
As Libya positions itself as a major energy player, the backing of international partners like the UK signals a promising outlook for the country’s oil industry and its role in global energy markets.