Tuesday, October 21, 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 & Malta Explore Energy Investment Opportunities

May 5, 2025
Libya & Malta Explore Energy Investment Opportunities
Share on FacebookShare on Twitter

Libya’s Minister of Oil and Gas, Khalifa Abdelsadeq, held talks with Malta’s Ambassador to Libya, Charles Saliba, to strengthen bilateral ties and expand cooperation in the oil, gas, and energy sectors. The meeting, held on Monday, focused on enhancing partnership opportunities amid Libya’s ongoing efforts to attract foreign investment in its energy sector.

According to a statement from the Ministry of Oil and Gas, both parties discussed developments in Libya’s ongoing licensing round for exploration. The round offers a range of new opportunities for foreign companies, and the officials highlighted the importance of leveraging strong Libya-Malta relations to open new horizons for energy cooperation.

Minister Abdelsadeq stressed that Libya is open and ready to welcome foreign investment, particularly as the National Oil Corporation (NOC) aims to boost national oil production to two million barrels per day. This target, he noted, presents promising investment opportunities for international partners.

In a step toward fostering practical collaboration, Abdelsadeq invited the Maltese embassy to coordinate with private sector companies in both Malta and Libya to organise a joint economic forum. He suggested the event could serve as a dynamic platform for experience-sharing, networking, and forming strategic partnerships in the energy industry.

This comes after Libya launched its first public bidding round for exploration and drilling since 2007. The round, announced by the NOC in March, includes 22 blocks – 11 offshore and the remainder situated in central and southern Libya. The government views this initiative as a major step toward reviving the country’s oil sector and encouraging global investment.

The Libya-Malta dialogue signals growing international interest in Libya’s untapped energy potential and reflects efforts to reposition the country as a reliable energy partner in the Mediterranean.

Tags: EnergygaslibyaLibyan OilMaltaoil
Next Post
Libya Warns UK Over Frozen Asset Interference

Libya Warns UK Over Frozen Asset Interference

POPULAR CATEGORIES

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

MUST READ

Haftar Calls for Libyan-Led Solution to End Political Crisis

Oil Leak Contained in Central Libya Pipeline

UNSMIL Denies Authority to Appoint or Dismiss Libyan Governments

Libyan Official Kidnapped in Libyan Capital Tripoli

ICC Condemns Italy for Repatriating Libyan War Crimes Suspect

Libya Deports 142 Egyptian Migrants

EDITOR PICKS

Libya Recovers Stolen Cancer Drugs Worth 950,000 Dinars

DNA Confirms Identities of 17 of Libya’s Derna Flood Victims

Benghazi Court Issues Ruling Restructuring Libya’s Judiciary

Libyan MP Criticises UNSMIL for Interfering in National Sovereignty

UN Urges Libyans to Vote in Municipal Elections

Libyan Parliament Summons Central Bank Governor Over Liquidity Crisis

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

© 2024 LR

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

© 2024 LR