AGP Executive Report

Oil & Infrastructure Security: Libya’s NOC warned it may declare force majeure and suspend operations at the Zawiya refinery, Libya’s biggest, after repeated drone strikes on oil facilities in the city. Investment & Business Climate: Libya’s Ministry of Economy and Trade approved 52 decisions to expand foreign companies’ operations and representative offices across sectors including oil and gas, engineering, infrastructure, aviation, transport, logistics, trade and technology. Trade & Port Logistics: International shipping firms met Libya Trade Network (LTN) officials to discuss the new Unified Trade System (PTS) procedures, including vessel arrival notifications and cargo manifest workflows. Energy & Power Cooperation: Libya and Egypt signed an MoU to accelerate an electricity grid and renewable energy partnership, while Libya’s Development and Reconstruction Fund also moved to coordinate with Egypt on tackling power outages and grid upgrades. Aviation Connectivity: Libya and Austria discussed speeding up a direct air route, with Libya preparing for Tripoli International Airport’s reopening. Industry Updates: Zueitina restarted a crude oil recovery system at Intisar Field (103D), recovering about 41,000 barrels between July and 20 September. Weather & Water: Benghazi and wider areas face moderate to heavy rainfall with flood warnings, as dams teams monitor levels around the clock.

Foreign Investment Rules: Libya’s Ministry of Economy and Trade approved 52 decisions to regulate foreign companies and representative offices, covering sectors from oil and gas to engineering, aviation, transport, logistics, trade, and technology. Unified Trade & Ports Logistics: Libya Trade Network officials met international shipping firms and the Libyan Ports Company to explain the mandatory Unified Trade System (PTS) workflow for vessel notifications and cargo manifests. Oil & Infrastructure Risk: NOC warned that an armed group’s valve closure on the El Sharara-to-Zawiya pipeline has sharply reduced output and could trigger force majeure. Energy & Renewables Cooperation: Libya and Egypt signed an MoU to accelerate electricity grid and renewable energy cooperation, aiming to curb outages and upgrade the grid. Air Connectivity: Libya and Austria discussed speeding up a direct air route, alongside taxation and energy-sector talks. Agriculture & Food Security: Libya hosted an agriculture and livestock expo in Tripoli, while Benghazi braces for heavy rainfall and possible flooding. Trade Missions & Halal Markets: The Libyan Businessmen Council plans a Libyan-Indonesian forum in Jakarta to tap Indonesia’s export-oriented Trade Expo. Industry Context: World crude steel output fell 1.2% in August, while Libya’s $2.5bn steel project remains in focus.

Oil & Infrastructure: Zueitina Oil Co. restarted the Crude Oil Recovery System at Intisar Field 103D, recovering about 41,000 barrels between July and 20 September, as teams refurbish equipment to keep output steady. Power & Renewables: Libya Development and Reconstruction Fund signed an MoU with Egypt’s electricity and renewable energy ministry to coordinate grid upgrades, renewable projects, staff training, and an urgent plan to curb summer power outages. Trade & Logistics: International shipping firms met Libya Trade Network (LTN) officials in Tripoli to discuss the new mandatory Unified Trade System (PTS) procedures for vessel arrival notifications and cargo manifests. Foreign Investment Rules: Libya’s Economy and Trade ministry approved 52 decisions covering foreign company branches and representative offices, spanning oil and gas services, engineering, construction, aviation, transport, logistics, water treatment, and tech services. Oil Security Risk: Armed groups shut valves on major export pipelines—first threatening El Sharara-to-Zawiya flows and production, with NOC warning it could declare force majeure if closures continue. Agriculture & Food Industry: Libya’s agriculture sector gets a boost via the Libya International Exhibition for Agricultural and Livestock Development and Supplies in Tripoli, bringing irrigation and livestock tech from multiple countries. Aviation Links: Libya and Austria discussed accelerating a direct air route, tied to plans for Tripoli International Airport reopening. Weather Watch: Heavy rainfall is expected across wide areas with warnings of flooding in valleys and low-lying zones.

Oil & Security: Libya’s National Oil Corporation says an armed group shut Valve No. 7 on the El Sharara-to-Zawiya crude pipeline, cutting output at the country’s biggest field and warning it could declare force majeure if the valve stays closed. Refining & Fuel Supply: The same pressure is spilling into operations at the Zawiya Oil Complex, where gate closures are disrupting refinery shifts and threatening fuel supplies. Trade & Logistics: In Tripoli, the Libya Trade Network met international shipping firms to explain the mandatory Unified Trade System (PTS) procedures for vessel arrival notifications and cargo manifests, aiming to speed port logistics. Industry & Exports: Libya’s push for industrial trade continues via regional events and partnerships, including MIHAS 2026 participation aimed at boosting halal-linked bilateral commerce with Malaysia. Business Environment: Libya’s Economy and Trade ministry approved 52 decisions covering foreign company branches and representative offices across sectors from oil services to engineering, logistics, water treatment, and technology.

Foreign Investment & Trade: Libya’s Ministry of Economy and Trade approved 52 decisions covering foreign companies and representative offices, including new branches and renewals across oil & gas, engineering, aviation, transport and logistics, aiming to boost transparency and investment cooperation. Oil & Gas Security: Libya’s National Oil Corporation says an armed group shut Valve No. 7 on the Sharara-to-Zawiya crude pipeline, cutting Sharara output from about 340,000 bpd to roughly 120,000 bpd and warning of possible force majeure if the disruption continues. Refining & Fuel Supply: The same crisis is spilling into downstream operations as Petroleum Facilities Guards restricted access to the Zawiya Oil Complex, threatening refinery work, fuel distribution, and shift operations. Industrial Policy: Libya’s Ministry of Industry and Minerals discussed a water desalination project with Hungary’s Rotary International, focusing on green technology, industrial support, and technology transfer. Agriculture & Water Tech: DALTEX and China’s Irritech signed to expand advanced irrigation solutions across Egypt, Algeria and Libya, targeting more efficient farm output. Food Manufacturing: A new push highlights Libya’s dairy sector investment potential as local firms build supply chains to reduce heavy European imports. Halal Exports: Libya will participate in Malaysia’s MIHAS 2026 to showcase halal-ready products, using Malaysia’s certification expertise to open wider African market access.

Oil & Fuel Security: Libya’s National Oil Corporation says Petroleum Facilities Guards have blocked gates at the Zawiya Oil Complex, threatening refinery operations and fuel supplies, while a closed valve on the Sharara crude pipeline has already cut output by about 130,000 bpd and could trigger force majeure if access isn’t restored. Upstream Disruption: Separate reports say an armed group shut valve 7 on the Sharara–Zawiya pipeline, slashing Sharara production by roughly 200,000 bpd and raising the risk of a full shutdown plus Zawiya refinery stoppage. Energy Sector Finance: NOC Chairman Masoud Suleiman met international oil service firms to address unpaid dues and discuss expanding services, technology use, and operational efficiency. Industry & Trade Links: Libya’s Ministry of Industry and Minerals met Hungary’s Rotary International on a proposed modern desalination plant using green technology, with an emphasis on FDI, localization, and technology transfer. Food & Agriculture: DALTEX partnered with China’s Irritech to expand advanced irrigation solutions across Egypt, Algeria and Libya, aiming to boost farm productivity and water efficiency. Industrial Expansion: Benghazi’s $2.5bn Tosyali-SULB steel project is set for commercial production in early 2028, targeting 8.1m tonnes/year and creating demand for construction, engineering and logistics services. Diplomacy for Stability: On UNGA sidelines, Pakistan’s Dar urged all parties to return to the Islamabad MoU for regional stability, while Libya’s acting foreign minister highlighted the impact on peace, energy supplies and the global economy. Libya-Canada Business: The Libyan Businessmen Council discussed deeper private-sector cooperation with Canada’s trade section, focusing on oil and gas, training, education, and trade missions.

Oil Infrastructure Under Attack: Libya’s NOC says an armed group shut valve No. 7 on the Sharara–Zawiya crude pipeline, cutting output at the country’s largest field and raising fears of force majeure, export disruption, and possible Zawiya refinery shutdown. Industrial Push in Benghazi: The $2.5bn Tosyali-SULB steel project is set to start commercial production in early 2028, targeting about 8.1m tonnes of direct reduced iron annually and creating demand across construction, engineering, transport, and services. EU Cleaner Energy & Industry: Libya’s Industry and Minerals ministry held talks with the EU Delegation and Expertise France under the EU-Libya Initiative for Cleaner Energy and Industry, focusing on energy efficiency, green industry regulation, capacity building, and pilot projects. Trade Diplomacy: Pakistan and Libya agreed to deepen cooperation in trade, education, and business links, with discussions also covering regional peace and energy stability. Aviation Expansion: Libyan carrier Fly Oya incorporated a Greece entity, signaling a move toward broader air services in Europe’s tourism market. Project Delivery Spotlight: MEED named 73 national winners across MENA, including Libya, ahead of regional finals in Dubai.

Sharara Oil Disruption: Libya’s NOC says an armed group shut valve No. 7 on the Sharara crude pipeline to al-Zawiya, sharply cutting output and raising pressure risks; NOC warned it may declare force majeure if closures continue. Oil Market Pressure: Brent slipped toward/under $100 amid hopes for US-Iran talks around the UN General Assembly, while Middle East shipping risks kept prices headline-sensitive. Energy Security & Politics: Reuters reports Sharara output down by about 200,000 bpd after the valve closure, underscoring how fragile Libya’s export flow remains. Industry & Green Transition: Libya’s Industry and Minerals minister met the EU Delegation and Expertise France on the EU-Libya Initiative for Cleaner Energy and Industry, focusing on energy efficiency, green industry rules, capacity building, and pilot projects. Trade & Construction Links: The Libyan Business Council will lead a trade delegation to Toronto’s Buildings Show (2–4 Dec) to connect construction suppliers and technologies. Turkey-Libya Cooperation: Erdogan told Libya’s Presidential Council chair that Türkiye won’t back any formula harming Tripoli’s interests, while expanding cooperation in energy, defense, and mining. Industrial Investment: Misrata Free Zone signed an agreement with Turkey’s MEKA Global to set up concrete mixing and crushing/screening equipment operations, aiming to boost local jobs and services. Crude Buyers: Indian Oil bought 1 million barrels of Libya’s Sarir/Mesla crude for November at a record premium to Brent, reflecting strong demand despite disruptions.

Libya–Türkiye Security Talks: MIT chief Ibrahim Kalin met Libya’s acting defense minister Abdussalam Zubi in Istanbul to push “One Libya” unity efforts and deepen Türkiye–Libya security cooperation. Industrial Investment: Misrata Free Zone signed an agreement with Turkish MEKA Global to set up concrete mixing plants and crushing/screening equipment, aiming to boost construction contracting, jobs, and training while strengthening MFZ’s logistics and re-export role. Oil Market & Production: Indian Oil bought 1m barrels of Sarir/Mesla crude for November at about $23/bbl above October Brent amid Libya pipeline disruptions; separately, Zueitina Oil brought five new wells at Al-Sabah online, adding 2,000 bpd. Energy Infrastructure Security: Libya requested ICC support to investigate attacks on electrical infrastructure in Tripoli and Zawiya, citing sabotage linked to threats against fuel depots and power plants. Currency & Trade Policy: Libya’s dinar support should go beyond defending the exchange rate, with focus on fiscal discipline, banking transparency, domestic production, and reduced import dependence. Maritime Context: Suez Canal traffic rose in August, underscoring how regional disruptions keep shipping and energy security central to Libya’s trade environment.

Libya Energy Security: Libya’s Oil Security Force shut down three oil sites after an alleged illegal valve closure, escalating fears of wider production disruption and supply pressure. Libya Oil Revenues & Production: Libya recorded about $15.2bn in oil revenues in Jan–Aug 2026, while NOC-linked reporting says output returned to normal after brief field shutdowns. Libya Banking & Currency: The Central Bank of Libya’s Naji Issa met major Arab and international banks in London to push monetary stability, digital payments, and banking reforms—while analysts warn that supporting the Libyan dinar requires fiscal discipline and reduced import dependence, not just exchange-rate defense. Trade & Industry: Misrata Free Zone met Malta’s embassy to expand logistics, maritime services, and trade links; MAN Truck & Bus appointed Libya Motors Company as its exclusive distributor. New Energy Projects: Libya plans a gas output boost to 4 bln cubic feet/day within five years and has started trial operations of a gas project. Maritime & Infrastructure: Libya requested ICC support over attacks on electrical infrastructure in Tripoli and Zawiya, framing sabotage as potential crimes against humanity or genocide.

Misrata Free Zone Trade Push: Misrata Free Zone met Malta’s embassy to explore investment and logistics links, highlighting its seaport and services for shipping, maintenance, training, and maritime trade. Oil & Infrastructure Security: Libya asked the ICC for technical and judicial help over attacks on electrical infrastructure in Tripoli and Zawiya, with authorities warning sabotage targeted essential civil facilities. Banking Reform Talks: CBL Governor Naji Issa held meetings in London with major regional and international banks to advance monetary stability, modernize banking, and expand digital payments. New Oil Discovery: OMV reported the Essar well in Libya’s Sirte Basin as commercially viable, with recoverable resources up to 45 million barrels and faster, lower-cost development expected near existing facilities. Energy Output Disruptions: Reports say Libya halted production at multiple sites after a major pipeline valve closure, underscoring how security incidents can quickly hit output. Industrial Mobility Deal: MAN Truck & Bus appointed Libya Motors Company as its exclusive distributor in Libya, aiming to expand truck and bus sales plus service support.

Libya’s Oil & Power Crunch: Libya’s electricity and fuel crisis is hitting small businesses hard, with frequent outages and diesel bought on the black market as prices soar, while the country tries to boost gas exports to Europe. NOC/CBL Finance & Reform: The Central Bank of Libya says Governor Naji Issa met major Arab and international banks in London to push monetary stability, banking modernization, and digital payments upgrades. Water Infrastructure: Libya reactivated the Qardabiya–Sadada Man-Made River section after 13 years, installing 250+ valves and restarting operations to strengthen water security. Oil Sector Developments: OMV confirmed the Essar discovery in Libya’s Sirte Basin as commercially viable, with recoverable resources estimated up to ~45 million barrels and a fast, lower-cost rollout near existing facilities. Maritime/Red Sea Risk: Libya-linked regional shipping pressure continues as Bab al-Mandeb and Red Sea tensions rise, with wider effects on global energy flows and navigation. Industry & Trade Facilitation: Tripoli’s chamber and Libya’s economy ministry move toward regulating imports and mandatory digital registration for importers/exporters to tighten trade systems.

UN Diplomacy for Libya’s Energy Stakes: UNGA 2026 opens Sept 22-28 with “Restoring Trust, Managing Transformation,” as Egypt pushes for maritime navigation, Gaza ceasefire progress, water security, and reform of the international system—issues that directly touch Libya’s Red Sea and energy routes. Arab League Coordination: Nabil Fahmy heads to New York to brief Arab leaders on Gaza, West Bank/Jerusalem, and Gulf security, including freedom of navigation through Hormuz and the Red Sea and protection of global energy supplies—explicitly listing Libya among key files. Libya’s Oil Output and Infrastructure Pressure: Libya’s oil sector continues to face operational shocks and security-linked disruptions, while NOC-linked reporting points to production returning to normal after brief shutdowns; at the same time, the Man-Made River system moves forward with the Qardabiya–Sadada section reactivated after 13 years via valve replacement and testing. New Upstream Momentum: OMV confirmed the Essar discovery in Libya’s Sirte Basin (C103) as commercially viable, with recoverable resources estimated up to ~45 million barrels and development led by Zueitina Oil Co. Banking Reform Push: CBL Governor Naji Issa met major regional and international banks in London to advance monetary stability, banking modernization, and digital payments expansion. Power Crisis Hitting Industry: Reuters reports Libya’s electricity and fuel crisis is pushing small businesses toward collapse, with frequent outages and costly diesel reliance. Maritime Law Focus in Athens: A major oceans law and policy conference in Athens (Sept 21-22) will spotlight maritime security, shipping routes, and naval warfare rules—relevant for Libya’s port and logistics sector.

Libya Oil & Gas Deals: OMV says its Essar well in Libya’s Sirte Basin is commercially viable, with recoverable resources up to ~45 million barrels; Zueitina Oil Co will develop it, helped by nearby existing facilities and OMV’s 12% stake in C103. Power & Fuel Crisis: Reuters reports Tripoli’s businesses are being squeezed by frequent power cuts and soaring diesel prices, with generators and black-market fuel becoming existential costs for small operators. Production Stability: NOC Chairman Massoud Suleman says Libya’s oil output has returned to normal after a brief protest that led Petroleum Facilities Guards to shut valves on three fields. Trade & Revenue: Libya sold 1 million barrels of crude to India for November delivery at a premium of about $23/bbl above Brent (October), signaling strong demand for Libyan heavy grades. Energy Transition: Libya’s Ministry of Oil and Gas will host a National Conference on Just & Sustainable Energy Transition in Tripoli on 24 September, aiming to shape a more efficient, sustainable energy path. Regional Pressure on Shipping: Libya’s Grand Mufti Sadiq al-Ghariani urged Muslims to back Houthi control of Bab al-Mandab if forced to choose, as Yemen’s endowments authority and Libyan fatwa bodies responded.

Libya Power & Fuel Crunch: Reuters reports Tripoli businesses are being pushed to the edge as heatwaves and fuel smuggling worsen outages, with diesel black-market prices soaring and generators running for up to 36 hours at a time. Oil Sector Stability: NOC Chairman Massoud Suleman says Libya’s oil output has returned to normal after PFG security personnel shut the Hamada–Zawia pipeline, stopping three fields, and he expects no further shutdowns. New Upstream Investment: OMV confirms the Essar discovery in Sirte Basin (C 103) is commercially viable, with recoverable resources up to ~45 million barrels and potential fast development near existing facilities. Energy Transition Planning: Libya’s Ministry of Oil and Gas will host a National Conference on Just & Sustainable Energy Transition in Tripoli on 24 September. Benghazi Urban Industry Future: ZHA and partners unveiled a Benghazi 2050 digital planning hub to guide infrastructure, jobs, and waterfront-linked growth. Trade & Imports Oversight: Libya’s economy ministry announced mandatory registration of importers and exporters in a Unified Digital System for Trade (PTS). Migration Pressure on Industry: EU officials, including von der Leyen, pushed for an emergency migration response framework as mass movements strain border systems tied to regional logistics.

Libya Oil Output Stability: NOC chief Massoud Suleiman says production is back to normal after a brief protest shut three fields when the Petroleum Facilities Guards closed the Hamada–Zawia main pipeline valve; he doesn’t expect further shutdowns. OMV Sirte Basin Boost: OMV confirmed the Essar discovery in concession C103 is commercially viable after technical and economic evaluations, with recoverable resources up to ~45m barrels and potential fast development near existing facilities. Energy Transition in Tripoli: Libya’s Ministry of Oil and Gas will host a National Conference on Just and Sustainable Energy Transition on 24 September to discuss a more efficient, sustainable energy system. Crude Export Pricing: Libya sold 1m barrels of crude to India for November delivery at a record premium of about $23/bbl above Brent (October). Benghazi Infrastructure Push: Residents of Budzayra in Benghazi urged the local council and the Libyan Reconstruction and Development Fund to fix electricity and water shortages and deliver roads, safety barriers, and a full-service health center plus schools. Offshore Development Shift: Eni’s joint venture Mellitah is changing the Structure E offshore development concept, moving away from a massive fixed platform toward a tension-leg platform design. Red Sea Shipping Pressure: Regional instability around Bab al-Mandeb and the Strait of Hormuz is driving fuel and shipping risk, with Pakistan warning tanker attacks would be an “act of war” and considering possible crude sourcing from Libya.