AGP Executive Report
Last update: 4 hours agoFuel & Refining: Brega Petroleum says Libya’s fuel crisis is easing, with petrol-station congestion expected to subside tonight and supply operations returning to normal by tomorrow, citing delayed shipments linked to global shipping disruptions and reduced Zawia refinery output from power outages and security conditions. Construction Materials: Cement prices in Tripoli-linked markets fell sharply to LD 82 per quintar after the Zliten Al-Ittihad (Arab Union Construction Company) factory restarted, following earlier spikes and forced closures tied to security actions and alleged cement distribution practices. Energy Cooperation: Libya’s Oil and Gas Ministry met Norway’s energy minister on the sidelines of ONS 2026 in Stavanger to expand cooperation on petroleum management, offshore development, renewables, and training, including a direct ministry-to-ministry pathway and Norwegian company investment. Oil & Gas Projects: GECOL commissioned the first unit at South Tripoli Power Station, while Waha Oil boosted Al-Faragh gas processing to 184 million cubic feet daily. Industry & Trade Logistics: Egypt and Libya discussed a permanent trade expo in Benghazi, with an annual Egyptian-Libyan industrial integration exhibition planned for April 2027 to support industrial linkages, technology transfer, and joint projects. Healthcare Industry: Libya is exploring localizing prosthetics production and services by attracting specialized international company branches and centers to cut reliance on treatment abroad. Diplomacy with Economic Angle: Syria reopened its Tripoli embassy after 14 years and agreed to reactivate a joint higher committee with Libya, covering security cooperation and consular issues alongside economic and investment ties.
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