Libya’s National Oil Corporation (NOC) has stepped up discussions with global energy company Shell on developing a comprehensive strategy for the country’s gas sector, as both sides seek to expand cooperation and accelerate technical work under previously signed memoranda of understanding.
NOC Chairman Masoud Suleman met with Shell’s Vice President for Iraq, the UAE, and Libya to review progress on implementing the cooperation agreements and assess ongoing technical activities in the exploration areas and oil and gas fields covered by the memoranda.
A major focus of the meeting was the preparation of a long-term strategic plan for Libya’s gas industry. NOC said it aims to benefit from Shell’s international technical expertise to support the development of the sector, improve operational efficiency, and maximize the value of Libya’s natural gas resources.
Suleman stressed the importance of establishing a clear timetable for completing technical evaluations of the targeted fields and concession areas. He said a defined schedule would help both sides move efficiently into the next stages of the cooperation agreements through structured implementation plans and measurable objectives.
The discussions come as Libya continues efforts to expand investment in its energy sector and increase production from both oil and natural gas resources. Developing the country’s gas industry has become one of the National Oil Corporation’s strategic priorities as it seeks to strengthen domestic energy supplies, support industrial growth, and increase future export opportunities.
For its part, Shell reaffirmed its interest in returning to the Libyan market, expressing its commitment to strengthening cooperation with the National Oil Corporation and participating in major projects that support the long-term development of Libya’s energy sector.
The company also emphasized its willingness to contribute advanced technology, technical expertise, and international experience to projects designed to modernize Libya’s gas infrastructure and improve production efficiency.