AGP Executive Report
Last update: 9 hours agoOffshore Gas Upgrade: Italy’s Saipem says it has installed a gas extraction module at the El Bouri offshore field, aiming to cut flaring and lift output to about 2 million cubic meters a day under the Mellitah/ENI–NOC JV. Investment Climate: South Korea urged Libya to simplify procedures for Korean firms investing in oil and refining, while noting a full reopening plan for its Tripoli embassy. Oman–Libya Energy Deals: OQ Exploration and Production and Libya’s Investment Authority signed MoUs to explore joint oil and gas exploration and production investments, alongside broader cooperation talks. US Trade Pressure on Libya: The U.S. proposed Section 301 tariffs tied to forced-labour enforcement, listing Libya among eight African countries facing a potential 12.5% additional duty on many exports to the U.S. Security & Industry Link: The UN warned that looted Libyan weapons from the 2011 conflict have reached extremist groups in Nigeria, raising risks for regional stability that can spill into logistics and supply chains.
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