AGP Executive Report

Libya Energy Skills & Standards: Libya’s National Oil Corporation signed an MoU with the Project Management Institute (PMI) to expand training, build national competencies, and apply international project management standards across the energy sector. Power Supply Pressure: Prime Minister Abdul Hamid Dbeibah ordered an urgent NOC-GECOL meeting after fuel shortages threatened summer electricity stability, with GECOL warning of a generation deficit exceeding 1,000MW and possible load-shedding. Made in Libya Digital Push: The Libyan Industry Union launched the “Made in Libya” e-platform to connect factories and production companies with markets under Ministry of Economy and Trade oversight. Oman–Libya Energy Investment Talks: OQEP signed an MoU with the Libyan Investment Authority to explore joint oil and gas investment opportunities and strengthen long-term cooperation. Agriculture & Forestry Cooperation: Libya’s agriculture minister met Turkey’s counterpart in Istanbul to discuss forest, rangeland, and nature reserve management, plus agricultural investment and technology transfer. Derna Reconstruction Update: Nearly three years after the 2023 storm, Derna is rebuilding roads, bridges, homes, and a hospital, though residents say trauma and mental health needs remain. EU Maritime Enforcement: EU Operation IRINI expanded boarding authority to vessels linked to Russia’s shadow fleet in the Mediterranean, while keeping the Libya arms embargo as a core mandate. US Trade Shock (Global, but relevant for exporters): USTR proposed new Section 301 forced-labor tariffs on imports from 60 economies, with tiered rates and a textile mechanism—an issue that could affect supply chains touching Libya-linked trade.

Libyan Industry Union: The Libyan Industry Union (LIU) has launched the “Made in Libya” e-platform, approved by the Minister of Economy and Trade, to digitally connect factories and production companies with markets and push national branding. Oil & Power Stability: Prime Minister Abdul Hamid Dbeibah ordered an urgent NOC-GECOL meeting after fuel shortages threatened summer electricity generation, with warnings of possible load-shedding and blackouts. Energy Skills & Standards: NOC signed an MoU with PMI (Middle East & North Africa) to build local competencies in project and investment portfolio management, including access to certifications and a joint digital platform for training. O&G Investment Links: OQEP (Oman) signed an MoU with Libya’s Investment Authority to explore joint oil and gas exploration and production investments. Downstream Outlook: Kpler expects a boost to Libya’s refining sector in 2027 after NOC took full ownership of Ras Lanuf, potentially easing fuel imports. Agriculture Cooperation: Libya’s agriculture minister met Turkey’s counterpart in Istanbul to discuss forest, rangeland, seed banks, and smart irrigation and to open investment opportunities for Turkish firms. UN & Migration Tensions: UN officials warned that protests targeting UN offices in Tripoli were driven by misinformation about migrant “settlement,” condemning threats to staff and facilities.

Power Reliability: Prime Minister Abdul Hamid Dbeibah ordered an urgent NOC–GECOL meeting after fuel shortages threatened a summer generation deficit of over 1,000MW, risking load-shedding and possible blackouts across multiple power stations. Energy Investment: Oman’s OQEP signed an MoU with Libya’s Investment Authority to explore joint oil and gas exploration and production, while Libya’s Ministry of Oil and Gas took part in OPEC Economic Commission work in Vienna and a statistical-capacity workshop. Refining Outlook: Kpler expects a stronger Libya refining rebound in 2027 after NOC secured full ownership of Ras Lanuf, which could cut European fuel imports and improve crude export flows once rehabilitation progresses. Offshore Gas Progress: Saipem lifted a new gas recovery module for the Bouri Gas Utilization Project, supporting Mellitah’s push to use more gas and work toward zero flaring by 2030. Maritime & Logistics: Misurata Free Zone received a Chinese transit vessel carrying 9,700 tonnes, and highlighted a new COSCO-linked service to speed routes and reduce costs for regional trade. Agriculture Cooperation: Libya’s Agriculture Minister met Turkey’s counterpart in Istanbul to expand forest and rangeland management and discuss seed, gene banks, and smart irrigation tech. Industry & Jobs (Regional): Egypt’s PM Madbouly opened and inspected major Alexandria industrial projects, including textile and food-processing lines—an indirect signal of regional manufacturing momentum. Social Pressure & UN Operations: UN officials warned after protests outside UNHCR and UNSMIL offices in Tripoli, with demonstrators alleging migrant settlement; the UN says it has no resettlement program in Libya. Rebuilding & Resilience: Derna’s reconstruction continues nearly three years after the 2023 disaster, with new housing, bridges, roads, and a hospital—while residents report lasting trauma.

O&G Investment Deal: Oman’s OQEP signed an MoU with Libya’s Libyan Investment Authority in Tripoli, aiming to set a strategic framework for joint oil and gas exploration and production investment, including in international markets. Rebuilding & Resilience: AFP reports Derna is back on its feet nearly three years after the 2023 storm, with new roads, bridges, homes, a hospital and other infrastructure—while residents say trauma and mental health needs remain. Refining Outlook: Kpler expects Libya’s refining sector to strengthen in 2027 after NOC secured full ownership of the Ras Lanuf refinery, which could reduce fuel imports and reshape crude export flows. Energy Market Coordination: Libya’s Ministry of Oil and Gas joined OPEC Economic Commission work in Vienna, focusing on global oil market developments and OPEC+ supply and demand indicators. Maritime & Trade: Misurata Free Zone received a Chinese transit vessel carrying 9,700 tonnes, highlighting growing logistics links and a new direct service via COSCO to cut transit times and costs. Offshore Gas Progress: Saipem lifted a new gas recovery module onto the Bouri field DP4 platform for the Bouri Gas Utilization Project, supporting NOC’s push toward zero flaring by 2030. UN & Migration Tensions: The UN condemned violent protests outside UNHCR/UNSMIL offices in Tripoli, citing misinformation online and reiterating there is no UN resettlement program in Libya. Security Spillover: The UN warned that looted Libyan weapons have been traced to extremist groups in Nigeria, fueling cross-border instability and organized crime.

UN & Migration Tensions: The UN condemned violent protests outside UNHCR and UNSMIL offices in Tripoli, saying misinformation online is fueling anger over migrants and stressing there is no UN resettlement program in Libya. Derna Reconstruction: Nearly three years after the 2023 flood disaster, Derna is rebuilding roads, bridges, homes and a hospital, but residents say trauma and mental health needs remain. Oil & Gas Operations: Saipem lifted a new gas recovery module onto the DP4 platform at the Bouri offshore field to support Mellitah’s push toward zero flaring by 2030. Maritime & Trade Logistics: Misurata Free Zone received a Chinese transit vessel carrying 9,700 tonnes, highlighting growing regional shipping links and a new COSCO service aimed at cutting transit times and costs. Environmental Commitments: Libya Oil Joint Company reaffirmed World Environment Day commitments to improve sustainability, reduce environmental impact, and embed best practice across operations. Security & Arms Spillover: The UN warned that weapons looted in Libya’s 2011 conflict have been traced to extremist groups in Nigeria and the wider Sahel, fueling cross-border instability. Renewables Interest: Libya’s Renewable Energy Authority met China Harbor Engineering Company to discuss clean energy investment and technology transfer partnerships. Labor & Migration Law: Libya’s Ministry of Labor reiterated opposition to any settlement of foreigners inside Libya, citing Law No. 24 of 2023 and rules on permits, housing, and employment termination.

Currency Stress & Dollarisation: A new report argues that when local currencies lose trust, people shift toward the US dollar as savings and pricing tools—often as a sign of state confidence breaking down. Derna Reconstruction & Mental Health: Libya’s rebuilding in flood-ravaged Derna continues with new roads, bridges, homes and a hospital, but residents say trauma and missing relatives still weigh heavily, pushing calls for stronger mental-health support. UN Warns on Libya Disinformation: The UN says violent protests outside UN offices in Tripoli were fueled by online misinformation, while UNSMIL reiterates there is no UN resettlement program in Libya. Oil & Environment: Libya Oil Joint Company reaffirmed environmental commitments for World Environment Day, pledging better efficiency, innovation and reduced impact. Maritime Trade Boost: Misurata Free Zone received a China-linked transit vessel with 9,700 tonnes, highlighting growing regional logistics ties and a new COSCO service. Offshore Gas Progress: Saipem lifted a gas recovery module at the Bouri field to support zero flaring goals by 2030, with further hookup and pipeline work ahead. Security & Migration Tensions: Hundreds of Libyans blocked UNHCR in Tripoli demanding “no settlement,” while the UN warns against threats to UN premises. Archaeology in Construction: Excavation west of Bin Jawad uncovered an archaeological cemetery and artifacts, prompting calls for specialized surveys. Regional Arms Fallout: The UN warned that looted Libyan weapons have been traced to extremist groups in Nigeria and the wider Sahel, linking Libya’s conflict legacy to cross-border instability. Renewables Interest: Libya’s Renewable Energy Authority met China Harbor Engineering Company to discuss clean-energy investment and technology partnerships.

UN & Migration Tensions: The UN says it is “deeply concerned” after violent protests outside its Libya offices in Tripoli, blaming social media disinformation as hundreds blocked the UNHCR gate during anger over migrants seeking work and passage to Europe. Construction & Heritage: In Sidra Gulf, excavation for a dual carriageway west of Bin Jawad uncovered an archaeological site with a cemetery, markers and pottery, prompting calls for specialized surveys to document and preserve the finds. Renewables Investment Interest: Libya’s Renewable Energy Authority met China Harbor Engineering Company (CHEC), which confirmed interest in the Libyan renewables market and discussed potential joint projects and technology transfer. Cement Industry Upgrade: Gebr Pfeiffer is set to supply Libya’s first MVR mill technology for Al Abraj Cement, supporting a push to expand cement output and improve resource use. Labor & Migration Policy: Libya’s Ministry of Labor reiterated opposition to any settlement of foreigners or irregular migrants, stressing enforcement of Law No. 24 of 2023 and rules on work permits and accommodation. Oil & Gas Partnerships: Oman’s OQ and Libyan entities continue signing cooperation moves in oil and gas, including MoUs aimed at expanding investment and operational ties.

Shipping & Energy Security: Global shipping is facing deeper geopolitical instability, with the Strait of Hormuz described as a “hybrid choke point” where drones, GPS interference, cyber threats and hybrid tactics can quickly turn regional crises into global shipping shocks—an issue that directly matters for Libya’s trade and energy-linked logistics. Renewables & Investment: Libya’s Renewable Energy Authority met China Harbor Engineering Company (CHEC) to discuss cooperation and possible joint renewable energy projects, with CHEC signaling interest in entering the Libyan market. Oil & Gas Operations: Saipem completed a key heavy-lift installation for the El Bouri offshore gas project, aiming to cut gas flaring and raise output to about 2 million cubic meters per day; AGOCO also held technical talks with Chevron on exploration, reservoir management and production efficiency. Industrial Growth: Gebr Pfeiffer is set to supply Libya’s first MVR vertical roller mill technology for cement raw material grinding to Al Abraj Cement, supporting capacity expansion in the construction supply chain. Trade Pressure on Libya: The U.S. proposed Section 301 tariffs tied to forced-labour enforcement, listing Libya among affected economies—raising the risk of higher costs and tougher market access for exporters. Local Governance & Infrastructure: Tripoli’s government is progressing procedures for the new Ministerial Complex at Airport Road’s Bab Trablus, including office allocation plans and possible consolidation of overlapping entities. Libya–Korea Business Climate: South Korea asked Libya to simplify procedures for Korean firms, especially in oil and refining, while noting plans to fully reopen its Tripoli embassy. Migration Tensions: Hundreds of Libyan demonstrators blocked UNHCR’s Tripoli office in protests against migrants, reflecting ongoing pressure on Libya’s labor market and public services.

Migration & Social Pressure: Hundreds of Libyans blocked the UNHCR office in Tripoli’s Sarraj area, erecting tents and barriers while chanting “Libya only for Libyans,” blaming migrants for social and economic strain and demanding they be removed. Oil & Gas Projects: Saipem installed a gas extraction module at the El Bouri offshore field, aiming to cut flaring and lift output to about 2 million cubic meters per day under the Mellitah Oil & Gas project. Cement & Construction Industry: Gebr Pfeiffer will supply Libya’s first MVR mill technology for Al Abraj Cement in Zliten, targeting cement raw material grinding with major capacity and efficiency upgrades. Trade & Compliance Risk: The U.S. proposed forced-labour-related tariffs that include Libya, with potential additional duties of 12.5% on many goods entering the U.S. market. Investment Climate: South Korea urged Libya to simplify procedures for Korean firms, especially in oil and refining, and said its Tripoli embassy will fully reopen soon. Energy Diplomacy: OQ Exploration and Production signed an MoU with Libya’s Investment Authority to explore joint oil and gas investment opportunities.

Offshore 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.

US Tariffs on Forced-Labor Goods: The U.S. Trade Representative has proposed new Section 301 tariffs after finding that Libya and seven other African countries failed to ban or enforce restrictions on imports made with forced labor, with a proposed 12.5% duty on most goods if approved. Energy Deals: Oman’s OQ Exploration & Production signed MoUs with Libya’s Investment Authority to explore upstream oil and gas investment, aiming to deepen cooperation and attract higher-quality projects. Offshore Gas Progress: Saipem says it has completed the heavy-lift installation of a gas recovery module for Libya’s Bouri Gas Utilization Project, a key milestone ahead of further offshore integration and commissioning. Security & Arms Diversion: The UN warned that weapons looted from Libya’s 2011 conflict have surfaced with extremist groups in Nigeria, highlighting ongoing illicit arms flows across the Sahel. Diplomatic Push for Elections: Libya’s 4+4 Joint Committee and electoral laws remain in focus as U.S. outreach is described as part of a broader effort to revive the political process and set conditions for elections. Korean Interest in Libya: South Korea asked Libya to expand the role of Korean firms, especially in oil production and refining, while noting improved Libya conditions for investment.

Energy Investment: Libya’s Investment Authority (LIA) and Oman’s OQ Group signed an MoU to explore upstream oil and gas investment and joint projects, with talks also covering renewables and knowledge transfer—an effort aimed at diversifying Libya’s economy and pulling in higher-quality capital. Oil Market Signals: Libya’s National Oil Corporation (NOC) reported its highest monthly revenue in 10 years (nearly $4bn) in May and contracted 17 gasoline tanker deliveries, even as some western cities still saw fuel shortages and long queues. Foreign Firms Push: South Korea urged Libya to expand the presence of Korean companies, especially in oil production and refining, while also pointing to a planned full reopening of the Korean embassy to support business ties. Regional Diplomacy for Industry: Libya and Oman also moved to deepen energy and investment cooperation through additional OQEP-LIA arrangements, reinforcing a growing Gulf–Libya industrial partnership. Politics & Elections: Youssef Al-Farsi said U.S. outreach is focused on reviving Libya’s political process and preparing for the 4+4 Joint Committee’s work on electoral laws. Trade Pressure Abroad: The U.S. named India in Section 301 findings tied to forced-labour concerns, proposing new tariffs—an external trade shock that could ripple into global supply chains relevant to Libya’s import-dependent sectors.

Oman–Libya Energy Deal: OQ Exploration and Production (OQEP) signed an MoU with Libya’s Libyan Investment Authority in Tripoli to explore upstream oil and gas investment, aiming to expand joint opportunities and boost reserves and production. Korea–Libya Investment Push: South Korea asked Libya to welcome more Korean firms, especially in oil production and refining, while also pointing to construction and infrastructure as Libya rebuilds; Seoul also flagged plans to fully reopen its embassy in Libya. Libya Fuel Supply Update: Libya’s National Oil Corporation reported its highest monthly revenue in 10 years (nearly $4bn) and contracted delivery of 17 gasoline tankers in May, though western cities still saw filling-station shortages and long queues. Power and Water Operations: Work continued on the West Tripoli–Al-Taba power transmission line, and power was restored to key water fields after an outage in southern Libya. Housing and Construction Pipeline: Libya announced a programme to build 15,000 homes over 2026–2030, signaling a major construction demand outlook. Maritime and Logistics Pressure: Italian activists escalated Mediterranean port protests over Gaza-linked military supply chains, highlighting ongoing risks around shipping and logistics routes. Energy Market Context: Commentary linked Hormuz Strait tensions to renewed interest in Libyan oil for major companies, as regional shipping and pricing dynamics stay volatile.

Libya–Oman Energy Deals: OQ Exploration and Production signed an MoU with Libya’s Libyan Investment Authority in Tripoli, setting a framework for joint oil and gas exploration and production investments, with Prime Minister Abdul Hamid Dbeibah present. Energy Revenue Watch: Libya’s National Oil Corporation reported its highest monthly revenue in 10 years for May, nearly $4bn, and contracted 17 gasoline tankers—though western cities still saw fuel shortages and long queues. Power & Water Infrastructure: GECOL said work continues on the West Tripoli–Al-Taba 400 kV transmission line, including concrete foundations for towers, while the Man-Made River system saw electricity restored to major wellfields after outages. Housing Delivery: Libya’s social affairs ministry and the housing programme signed an MoU to finance and build 15,000 homes across 2026–2030, starting with 269 units in an initial phase. Trade & Food Links: Tunisia’s fruit exports rose, with Libya remaining the biggest customer by volume, underscoring regional food supply ties. Governance & Demographics: The House of Representatives urged authorities to block any moves that could be used to settle foreigners or change Libya’s demographic identity. Regional Business Diplomacy: Libya joined Africa–Korea senior talks in Seoul, pushing cooperation in infrastructure, digital development, food security, health, energy, and critical minerals. Maritime Risk: A report highlights how sea chokepoints are becoming new battlegrounds, with implications for shipping and energy flows.

Power & Water Security: GECOL says work is continuing on the West Tripoli–Al-Taba 400 kV transmission line, including concrete foundations for two towers, to keep electricity flowing to the grid. Man-Made River Operations: Power has been restored to key Man-Made River wellfields after outages, with Hasawna and Sarir wells restarting and Tazerbo still dependent on grid stability. Water Management Diplomacy: Libya’s Water Resources minister met Tajikistan’s counterpart in Dushanbe to expand cooperation on water management, dam studies, environmental protection, and climate adaptation. Oil & Trade Signals: US EIA data show zero US crude imports from Iraq, Saudi Arabia, and Libya for the latest week, while Canada and Venezuela led supply—an important shift for Libya’s export outlook. Energy Market Push: A report links Strait of Hormuz disruptions to renewed global interest in Libya’s oil, citing Libya’s distance to the strait, proximity to Europe, and short shipping routes. Agriculture & Food Safety: Tunisia’s fruit export momentum continues, while a watermelon food-poisoning rumor was dismissed—health authorities stress hygiene once fruit is cut. Maritime & Security Risks: A report warns the “shadow fleet” is spreading pollution risk as damaged LNG/oil tankers drift toward Libya, raising environmental concerns.

Power & Water Infrastructure: GECOL says work is continuing on the West Tripoli–Al-Taba 400 kV transmission line, including pouring concrete foundations for two towers in Sabia to keep power flowing into the grid. Water Security: The Man-Made River Authority reports electricity restored to major wellfields after outages hit Hasawna, Sarir, Tazerbo and key pumping/reservoir facilities, with restart efforts underway. Water Governance: Libya’s Water Resources minister met Tajikistan’s counterpart in Dushanbe to expand cooperation on water management, dam studies, environmental protection and climate adaptation. Oil & Shipping Signals: A Gulf Business Outlook report links the Hormuz Strait crisis to renewed global interest in Libyan crude, citing shorter routes to Europe and North America and improved odds for exploration deals. Energy Demand Shock: US EIA data shows zero US crude imports from Iraq, Saudi Arabia and Libya for the latest week, while Canada dominates supply—highlighting shifting trade flows. Regional Industry Snapshot: A steel capacity review ranks Libya among Arab producers with about 1.7 million tons operational capacity, largely via electric arc furnaces. Agriculture & Food Safety (Regional): Tunisia’s watermelon scare was blamed on hygiene and handling risks rather than confirmed product danger, underscoring how quickly food rumors can disrupt seasonal agriculture.