Libya’s Minister of Oil and Gas, Khalifa Abdel-Sadiq, held a high-level meeting with US Secretary of Energy Chris Wright on the opening day of the Gastech 2025 conference in Milan, Italy. The talks marked a significant step in Libya’s efforts to attract international investment and deepen cooperation with global partners in the energy sector.
During the meeting, Minister Abdel-Sadiq presented a comprehensive overview of Libya’s strategic plans to boost production capacity in both oil and gas. He highlighted a series of infrastructure and development projects designed to modernise the country’s energy industry and support long-term economic growth.
The minister emphasised that Libya possesses vast reserves and promising areas for exploration, making it an ideal destination for international investment. He stressed that the government is committed to creating a competitive and transparent investment environment, noting that leading global companies had already participated in the National Oil Corporation’s latest exploration bidding round.
According to Abdel-Sadiq, this interest reflects confidence in Libya’s potential and its determination to become a more stable and attractive energy hub.
For his part, US Secretary of Energy Chris Wright praised Libya’s strategic vision and underlined the importance of the plans presented. He said the ambitious roadmap could serve as a strong incentive for American companies to expand their presence in Libya. Wright also reaffirmed Washington’s readiness to support Libya’s stability and economic development, stressing that stronger cooperation between the two ministries would benefit both nations.
The meeting comes at a time when Libya is seeking to reassert itself as a reliable energy partner following years of political division and infrastructure challenges. By engaging with international stakeholders at Gastech 2025, Tripoli aims to secure investment not only in hydrocarbons but also in infrastructure, logistics and renewable energy.
Observers note that closer cooperation with the United States could open new opportunities for Libya’s energy industry, particularly in technology transfer, training and joint ventures. As global demand for energy transitions, Libya hopes to leverage its natural wealth to attract capital, create jobs and enhance its contribution to regional stability.
