AGP Executive Report

Libya Renewable Power: Libya’s Renewable Energy Holding Company plans a 100MW renewables project via a new SPV, with about 500 million Libyan dinars in investment, and is pushing for faster grid tariff approvals and regulatory steps to attract investors. Libya Energy & Gas: Eni and Libya’s NOC have started production tied to the Sabratha Compression Project, adding compression capacity to boost Bahr Essalam gas output and support power generation and exports to Italy. Libya Agriculture Controls: The Economy and Trade Ministry tightened agricultural pesticide imports, limiting them to European, US and Canadian products, requiring certificates and lab testing before entry, and banning harmful pesticides while enforcement continues. Libya-Italy Business: Rome will host a Libya–Italy forum on the Misrata Free Zone, pitching investment opportunities in industry, logistics, trade and supply chains. NATO & Defense Industry (Regional): As NATO meets in Ankara, France appears more open to selling the SAMP/T air-defense system to Türkiye, while Türkiye markets drones and air-defense capabilities through a major defense industry forum. Global Energy Accountability: A World Bank tracker flags Libya among top gas-flaring countries, underscoring waste and emissions from flaring despite ongoing production.

Libya Energy & Gas: Eni and Libya’s NOC have started production tied to the Sabratha Compression Project, installing a 1,600-ton compression module to lift Bahr Essalam gas output by about 800 million m³ per year and support power generation and exports to Italy via Greenstream. Industrial Policy: Libya’s Ministry of Economy and Trade has tightened agricultural pesticide imports, limiting them to European, US and Canadian origin, requiring technical certificates and lab testing, and banning harmful products. Investment & Trade: Rome will host a July 9 forum on “Misrata Free Zone: Africa’s Gateway for Italian Companies,” pitching the zone’s port, infrastructure and logistics links for Libyan-Italian industry and supply-chain partnerships. Culture & Logistics: Benghazi’s Arab Capital of Culture 2026 committee approved the initial program for Sept 16–Dec 24, with theater, forums, music, poetry and book fairs planned across the period. Regional Security (Industry angle): Turkey is using the NATO Ankara summit to showcase its fast-growing defence industry, with a Defence Industry Forum bringing thousands of companies and pushing Ankara’s role as a security and procurement hub.

Libya–Italy Trade Push: Rome will host a July 9 forum, “Misrata Free Zone: Africa’s Gateway for Italian Companies,” to market Misrata Free Zone’s port, infrastructure and logistics links, aiming to unlock new industry and supply-chain partnerships. Agricultural Safety Rules: Libya’s Economy and Trade Ministry tightened pesticide imports by allowing only European, US and Canadian products, requiring technical certificates and lab testing before clearance, while banning harmful pesticides and tightening controls on letters of credit. Oil Market Context: European crude differentials eased as supply looks ample, though geopolitical uncertainty may still limit downside—relevant for Libya’s export planning. Regional Shipping Watch: Iraq ranked among the top Arab commercial fleets, with Libya listed among the larger regional operators, underscoring the importance of maritime capacity for North Africa trade. Libya Unity Under Pressure: Coverage also flags ongoing factional power struggles around Libya’s intelligence agency, a reminder that security and governance remain key constraints on investment.

Libya–Italy Business Links: Tripoli-based Misrata Free Zone will host a July 9 economic forum in Rome, pitching the zone as “Africa’s gateway” for Italian firms and focusing on industry, logistics, trade, and supply-chain partnerships. Fuel Pricing Pressure: Libya’s biggest refinery says falling international crude prices won’t quickly translate into cheaper petrol because crude is bought under contracts based on monthly averages, not daily Brent moves; it imported 40.40m barrels in May–June, with landed cost dropping from $124.80/bbl (May) to $95.25/bbl (June). Energy Investment Pipeline: Libya Energy & Economic Summit (Jan 23–25 in Tripoli) is set to expand deals across oil, gas, renewables, and infrastructure, building on 2026 progress including a $20bn Waha Concession amendment with TotalEnergies and ConocoPhillips and NOC MoUs with Chevron. Water Stress Reality Check: New global mapping puts Libya among the most water-stressed countries (817.1%), a reminder for agriculture and industrial planning. Oil Market Context: OPEC output rose to 19.43m bpd in June, with Libya among producers increasing supply after Hormuz disruptions eased.

OPEC Watch: OPEC output jumped in June to about 19.34–19.43 million bpd, up roughly 3.3 million bpd as Gulf producers restarted supply after Hormuz disruptions; Libya was among the countries increasing crude, though volumes still sit well below targets. Libya Energy Deals: Libya’s National Oil Corporation pushed output toward 1.44 million bpd and continues courting foreign capital; at the Libya Energy & Economic Summit, NOC and partners including Chevron moved to evaluate new oil and gas opportunities, while LEES highlighted major upstream packages and exploration momentum. Offshore Gas Progress: Eni and NOC advanced Libya’s Sabratha offshore gas development, with compression module work underway and production gains framed as a step toward a “gas golden age.” Water Stress Reality Check: A new global map flags Libya as highly water-stressed (817.1%), a pressure point for agriculture and manufacturing planning. Aviation Industry: Libya won a seat on the Arab Civil Aviation Organisation executive council for 2026–2028 and joined key technical committees, signaling improving compliance and industry confidence. Regional Trade Link: Serbian firms say they want to return to Libya with projects in food, pharmaceuticals, and renewables after a recent Tripoli visit.

Libya Energy & Economic Summit: Libya’s next LEES edition (Jan 23–25 in Tripoli) is set to expand Libya’s investment pipeline across hydrocarbons, renewables and infrastructure, building on 2026 deal momentum including a $20bn Waha Concession amendment with TotalEnergies and ConocoPhillips and new NOC MoUs with Chevron and TGS. Offshore Gas Boost: Eni and Libya’s NOC say the Mellitah Oil & Gas venture has started production via the Sabratha Compression Project, adding a 1,600-ton compression module to sustain Bahr Essalam output and support power generation and gas exports to Italy through Greenstream. Production Transparency: NOC published June 2026 oil and gas figures, including 41.87m barrels of crude produced and detailed state/partner allocations, plus gas utilization volumes. Gas Flaring Watch: A World Bank report ranks Libya among the top gas-flaring countries, noting flaring rose 15% in 2025 even as intensity slightly improved. Aviation Sector: Libya was elected to the Arab Civil Aviation Organisation executive council for 2026–2028 and gained seats on four technical committees, signaling growing confidence in its civil aviation industry. Economic Governance: UNSMIL’s Structured Dialogue Economic Track warned that rising public debt and structural imbalances could pressure the dinar, reserves and public finances unless reforms move forward. Regional Trade Links: Serbia’s trade minister says Serbian firms want a return to large-scale projects in Libya, focusing on food, pharmaceuticals and renewables after a Tripoli business visit.

Libya Energy & Economic Summit: Libya’s next LEES edition (Jan 23–25 in Tripoli) is set to expand Libya’s investment pipeline across hydrocarbons, renewables and infrastructure, building on 2026’s major upstream push including a $20bn, 25-year Waha Concession amendment with TotalEnergies and ConocoPhillips. Oil & Gas Transparency: NOC published June 2026 production and revenue figures, reporting 41.87m barrels of crude produced, with state and partner allocations, plus gas output and utilization details. Offshore Gas Boost: Eni and NOC started production via the Sabratha Compression Project, adding a 1,600-ton compression module to support Bahr Essalam gas and sustain power generation and exports to Italy. Gas Flaring Watch: A World Bank report ranks Libya among the world’s top gas-flaring countries, noting flaring rose 15% in 2025 even as intensity edged down. Aviation Sector: Libya was elected to the Arab Civil Aviation Organisation’s executive council for 2026–2028 and secured seats on four technical committees, signaling growing confidence in its civil aviation industry. Economic Governance: UNSMIL’s Structured Dialogue Economic Track warned that rising public debt and structural imbalances could squeeze public finances, FX reserves and the dinar unless reforms move forward. Agriculture & Food Trade (regional): Egypt reported weekly food exports of 216,000 tons, with citrus and grapes leading—Libya listed among top destinations. Business Linkages: Serbia’s trade minister says a recent Tripoli visit aims to bring Serbian firms into large-scale Libyan projects, especially food, pharmaceuticals and renewables.

Libya Oil & Gas Output: NOC says June crude output hit 41.87m barrels, with the Libyan state receiving 29.95m barrels and gas production at 73.32m cubic feet; revenues were transferred to the sovereign account as part of its disclosure push. Gas Flare Pressure: A World Bank report ranks Libya among the top nine gas-flaring countries; flaring rose 15% in 2025 as oil production climbed, even as flaring intensity slightly improved. Offshore Gas Boost: Eni and NOC started production via the new Sabratha Compression Project, adding low-pressure compression capacity and targeting about 800 MMcm/year more gas plus condensate for power and Italy exports. Energy Market Momentum: Coverage notes Libya’s oil and gas project market has expanded by 48%, alongside renewed foreign interest and licensing activity. Food Safety Crackdown: Libya’s Public Prosecutor reports 65% of tested samples in Tripoli, Benghazi and Misrata contained residues of seven banned pesticides, triggering criminal cases and supply-chain tracing. Aviation Sector Step: Libya was elected to the Arab Civil Aviation Organisation executive council for 2026–2028 and joined four technical committees. Economic Track Warning: UNSMIL’s Structured Dialogue economic members warn rising public debt and weak transparency/data are squeezing finances, FX reserves and the dinar unless reforms move fast. Construction Theft Ring: Italy dismantled a network trafficking stolen construction equipment to Libya and Saudi Arabia, seizing €1.8m in machinery.

Food Safety Crackdown: Libya’s Public Prosecutor’s Office says inspections across Tripoli, Benghazi and Misrata found 65% of agricultural samples contained residues of seven banned pesticides, including carcinogenic or mutagenic substances, triggering criminal cases against those importing, distributing, storing and using the chemicals. Energy Dealmaking: Libya’s OLA Energy Holdings signed an agreement to acquire TotalEnergies’ fuel assets in Ethiopia—about 120 fuel stations plus a 13,000-cubic-metre storage terminal—positioning OLA as the largest foreign player in Ethiopia’s fuel retail market. Oil Market Signals: US Energy data shows Libya supplied 1.754M barrels to the United States in April 2026, down from March, as overall US imports from OPEC fell. Agribusiness Risk: The pesticide findings add fresh pressure on Libya’s farm input supply chains, with authorities saying investigations will continue to dismantle distribution networks.

Energy & Retail Expansion: Libya’s OLA Energy Holdings (LAIP-owned) has signed an agreement to acquire TotalEnergies’ Ethiopia assets, taking in about 120 fuel stations plus a 13,000-cubic-metre fuel storage terminal—positioning OLA as the largest foreign operator in Ethiopia’s fuel retail market. Oil Market Watch: US Energy Information Administration data show US imports of Iraqi crude and petroleum products fell sharply in April to 4.029M barrels (from 7.943M in March), with Libya supplying 1.754M barrels—useful context for Libya’s export planning. Regional Industry & Trade: COMESA’s secretary general says Tunisia’s integration push will deepen trade, investment and business links, with forums covering trade finance, reinsurance, competition, energy regulation and women’s entrepreneurship. Construction Supply Chain: Italian authorities dismantled a network trafficking stolen construction equipment to Libya and Saudi Arabia, seizing machinery worth over €1.8m after arrests and document falsification. Governance & Policy Dialogue: Libya’s Shura Council delegation joined an Arab Parliament plenary in Cairo, where updates covered regional issues including Libya alongside consumer protection and AI topics.

Energy & Investment: Libya’s OLA Energy Holdings (LAIP) has signed a full acquisition agreement to buy TotalEnergies’ Ethiopian fuel assets, including about 120 fuel stations and a 13,000-cubic-metre storage terminal, positioning OLA Energy as the largest foreign operator in Ethiopia’s fuel retail market. Oil Market Signals: US Energy Information Administration data shows April 2026 US imports from Iraq fell sharply to 4.029M barrels, while Libya supplied 1.754M barrels—useful context for Libya’s regional crude flows. Gas & Infrastructure: Eni and Libya’s NOC have started production from the Sabratha Compression Project, adding a 1,600-ton compression module aimed at sustaining Bahr Essalam gas output and supporting power generation and exports via Greenstream. Regional Trade & Construction: The Tripoli Chamber of Commerce hosted a B2B push with Tunisia’s Sfax chamber focused on construction and contracting, linking Libyan demand for engineering and building materials with Tunisian suppliers. Industrial Context: A World Bank report flags rising global gas flaring (with Libya among major flaring countries), underscoring the pressure to capture wasted gas for energy security and jobs.

Libya Energy & Industry: Libya’s OLA Energy Group signed an agreement to acquire TotalEnergies’ fuel distribution assets in Ethiopia, including about 120 service stations and a 13,000-cubic-meter storage terminal—aimed at expanding Libyan investment across African fuel markets. Offshore Gas Development: Eni and Libya’s NOC started operations at the Sabratha Compression Project, adding a 1,600-ton compression module to boost Bahr Essalam gas recovery, support Libyan power supply, and increase exports to Italy via the Greenstream pipeline. Regional Oil Trade: A report says Nigeria imported Libyan crude for the first time on record (about 64,500 bpd in May 2026), highlighting how Libya’s supply is finding new buyers as local refining constraints persist. Energy Cooperation Talks: NOC met an Indian delegation to expand cooperation in oil and renewable energy, including plans for a joint forum with Indian companies. Construction & Contracting Links: The Tripoli Chamber of Commerce hosted a B2B meeting with Tunisia’s Sfax chamber focused on construction and contracting, pushing joint ventures and infrastructure contracting as trade in building materials and industrial equipment grows. Libya Unity Diplomacy: US Secretary of State Marco Rubio met eastern commander Saddam Haftar as Washington steps up efforts to unify Libya’s military, economic, and political institutions.

Energy Deal: OLA Energy Holdings (Libyan investment-backed) signed an agreement in Tripoli to acquire TotalEnergies’ Ethiopia fuel-station and storage assets, signaling a push to expand Libyan-linked fuel services across Africa. Gas Output Boost: Eni and Libya’s NOC started production from the offshore Sabratha Compression Project, adding a 1,600-ton compression module to the Bahr Essalam system to lift gas volumes (plus condensate) and support power supply and exports via the Greenstream pipeline. Regional Energy Links: NOC held talks with an Indian delegation on expanding energy cooperation, including training and a joint forum for investment in oil and renewables. Oil Trade Signal: Nigeria imported Libyan crude for the first time on record (about 64,500 bpd in May 2026), reflecting feedstock pressure at local refining and Libya’s growing role in regional supply. Construction & Industry Networking: Tripoli and Tunisia’s chambers of commerce met to drive construction contracting and joint ventures, while work continues on Sabha’s Al-Shaoush Girbal International Stadium project under the National Development Agency. Diplomacy for Unity: US Secretary of State Marco Rubio met LNA deputy commander Saddam Haftar in Washington as Washington presses a framework to unify Libya’s institutions. Energy Waste Watch: A World Bank report said global gas flaring rose again for a third year, with Libya listed among the biggest flaring countries.

Offshore Gas Boost: Eni and Libya’s NOC have started up the Sabratha Compression Project, adding a 1,600-ton module and new compression trains to sustain Bahr Essalam output, lifting gas volumes by about 800 million cubic metres per year and supporting power generation plus exports to Italy via Greenstream. Energy Diplomacy: NOC held talks with an Indian delegation on expanding energy cooperation, including training and a joint forum for investment opportunities across oil and renewables. Regional Oil Flows: Nigeria imported about 64,500 bpd (around 2m barrels in May) of Libyan crude for the first time on record, underscoring how supply disruptions are reshaping feedstock demand for local refining. Industrial Projects on the Ground: Construction continues on the Al-Shaoush Girbal International Stadium in Sabha, with work progressing on main components under approved plans and quality standards. Security & Unification Politics: US Secretary of State Marco Rubio met Lt Gen Saddam Haftar in Washington as Washington pushes a framework to unify Libya’s rival administrations. Environmental Pressure: A World Bank report says global gas flaring rose for a third straight year, with Libya listed among the biggest flaring sources.

Offshore Gas Boost: Eni and Libya’s NOC, via the Mellitah Oil & Gas JV, have started production from the Sabratha Compression Project, adding about 800 million m³/year of gas (plus condensate) from the Bahr Essalam field to support power generation and exports to Italy through Greenstream. Energy Infrastructure Pipeline: The same start-up package also points to ongoing work on the Bouri Gas Utilisation Project and Structures A&E, keeping offshore gas development moving. Political Unification Push: Lt Gen Saddam Haftar is set to meet US Secretary of State Marco Rubio in Washington as the US presses a Libya unification framework involving both the eastern administration and the Tripoli-based GNU. Regional Security Spillover Claims: Investigators allege UAE-backed Sudan rebel training and supply networks operating from secret camps in eastern Libya, reinforcing fears of a wider proxy war. Construction & Tourism: Sabha’s Al-Shaoush Girbal International Stadium project is progressing on schedule, while Tripoli ministries plan a Cultural Tourism Caravan to link culture and tourism across Libyan cities. Trade Pressure on Agriculture: A date exporters’ group warns an export ban has left thousands of tons of Libyan dates stranded in ports and warehouses, threatening losses and storage shortages ahead of the new harvest. Global Energy Reality Check: The World Bank reports global gas flaring rose for a third straight year, with Libya among the major flaring countries—highlighting wasted fuel and rising climate harm.

Libya-India Diplomacy: Libya’s Acting Foreign Minister Taher Al-Baour met India’s West Asia and North Africa undersecretary in Tripoli to push cooperation in energy, healthcare, education, and investment, with plans to reactivate the Libyan-Indian Joint Committee. Oil & Economy: The Atlantic Council says Libya’s rising oil output (about 1.4m bpd, targeting 1.6m by end-2026) won’t fix the economy without transparent unified budgeting, independent oversight, and tighter public spending controls. Agribusiness Impact: Date exporters warn Libya’s export ban is leaving over 4,000 tons stranded in ports and warehouses, threatening storage overflow, farmer losses, and weaker importer confidence ahead of the new harvest. Industrial Cooperation: Libyan Iron and Steel Company met a Russian delegation to expand industrial collaboration, while Libya’s Audit Bureau and the Internal Investment and Development Fund agreed to restart the Mitiga Sea Towers project after resolving financial and contractual delays. Energy Infrastructure: NOC says Libya’s oil production hit roughly 1.49m bpd, the highest since 2013, but the key question remains how much citizens feel the gains amid liquidity and purchasing-power pressures.