AGP Executive Report
Last update: 7 hours agoGas Production: Eni and Libya’s NOC have completed the Bouri gas-utilisation project, with start-up preparations underway. It could supply about 700 million cubic metres of gas a year to the domestic market, support exports to Europe and cut emissions by around 1.5 million tonnes of CO₂ annually. Digital Infrastructure: Benghazi-based O3 Group has unveiled plans following the Medusa submarine cable’s landing, including a 16,000-kilometre fibre network, a data centre and a pilot 5G service by year-end. Offshore Investment: Libya is seeking contractors for an $8 billion gas project, as the country looks to develop offshore resources. Power Supply: The Planning Ministry and GECOL are coordinating an emergency plan covering generation-unit maintenance, grid repairs and spare-parts procurement to improve electricity reliability. Energy Cooperation: A Libyan-European oil and gas forum is scheduled for Madrid on 2–3 December, with more than 70 companies expected to discuss investment, production growth and services.
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