AGP Executive Report
Last update: 8 hours agoLibya-Egypt Energy Talks: Prime Minister Abdulhamid Dbeibah met Egypt’s PM Mostafa Madbouly in New Alamein to push cooperation on oil and gas, including a proposed gas interconnection project, plus refining, exploration and production, and plans for a joint economic forum. Libya Oil Revenue: Libya’s Oil and Gas ministry reported collecting 2.327 billion dinars in July taxes and royalties from crude oil activity (2.196 billion dinars taxes; 130.6 million royalties), with zero gas revenue recorded. Libya Power Grid Response: After prolonged power cuts and protests, authorities moved to secure the Mellitah complex and reopen gas lines to power plants, while GECOL announced grid recovery following resumed gas supply. Libya-China Trade: Libya’s High Committee for Libyan-Chinese Cooperation said bilateral trade exceeded $3 billion in 2025, driven largely by the private sector, with efforts underway to restart suspended projects and bring Chinese firms back. Oil Sector Disruption Risk: Reports across the region highlight how energy security pressures and forex constraints are reshaping refinery operations and fuel supply arrangements—an issue Libya’s producers and grid operators are watching closely.
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