The Chairman of the National Oil Corporation, Masoud Suleiman, participated on Wednesday in a special dialogue session as part of the ADIPEC 2025 exhibition and conference in Abu Dhabi, titled “Libya’s Energy Sector: Stability, Investment, and Regional Partnerships.”
During the session, Suleiman reviewed the corporation’s efforts to maintain stable production rates, attract long-term investments, and develop the infrastructure for Libya’s oil and gas sector. He also addressed the importance of recent reforms adopted by the corporation to enhance transparency, build trust with international investors, and create a more stable environment for investment.
The chairman pointed to the noticeable improvement in security conditions within Libya, which encourages international companies to return to work and invest, noting that new oil discoveries, the latest by OMV in the Sirte Basin, reflect the confidence of international partners in the Libyan oil sector.
The session also touched on opportunities for regional cooperation between Libya and countries in North Africa and Sub-Saharan Africa in the fields of infrastructure, energy, and joint manufacturing, which would contribute to enhancing export capabilities and supporting economic development in the region.
At the conclusion of the session, Suleiman extended his thanks to Tarek El Molla, the former Egyptian Minister of Petroleum, for moderating the dialogue, and to all participants who contributed to the discussion on the future of the energy sector in the region.