AGP Executive Report

Libya Oil & Gas: Libya aims to lift natural gas output to 4 billion cubic feet per day within 3–5 years, building on discovered resources; August production was about 77 billion cubic feet. Revenue Watch: Libya’s oil sector generated about $15.2bn in revenues in Jan.–Aug. 2026, including $11.9bn from crude exports and about $900m from gas/condensates/products. NOC & Partnerships: NOC Chairman Masoud Suleiman met US State Department adviser Jeremy Berndt on unified spending implementation and oil-sector stability, while also discussing cooperation with major British and international firms to boost production and efficiency. Power & Construction: GECOL signed contracts with Egypt’s Madkour for three power generation plants worth about €100m, adding 660MW total capacity, with 18 months for delivery. Trade & Shipping: LEDA launched a direct shipping line from Misrata Free Zone via Tangier to African markets including Nigeria and Cameroon to cut costs and expand non-oil exports. Industry & Jobs: Petroleum Facilities Guards blockaded Zawia Oil Refinery’s main entrance over pay and conditions, though operations reportedly continue via a secondary route. Benghazi Business: Alushibe Holding Group opened a new global headquarters in Benghazi, designed and built by Arcadia Engineering Consultancy. Green Economy: Libya’s Green Industry Centre joined a Tunisia workshop on the National Green Economy Roadmap, covering circular economy, renewables, mining, and sustainable transport. Aviation/Logistics: Libya’s political and economic talks with the US also touched on oil-sector stability alongside election-process steps.

Libya Oil Revenues: Libya’s oil sector generated about $15.2bn in revenues in Jan–Aug 2026, including $11.9bn from crude exports, $2.4bn from taxes/royalties, and $0.9bn from gas, condensates and petroleum products, as the Ministry of Oil and Gas pushes transparency. NOC–British Energy Talks: NOC Chairman Masoud Suleiman met US State Department adviser Jeremy Berndt and also held a major meeting with British and international firms (BP, Shell, KBR, Vitol, Glencore) to translate cooperation into practical projects, boost production, and improve operational efficiency. Power Sector Push: GECOL-linked reporting says Egyptian Madkour will implement three power plants in Libya worth about €100m (about 660MW total) to ease chronic power cuts and strengthen grid stability. Non-Oil Exports: LEDA launched a direct shipping line from Misrata Free Zone via Tangier to African markets including Nigeria and Cameroon, aiming to cut shipping costs and expand non-oil exports. Trade & Politics: Dbeibah and Berndt discussed conditions for elections, unified spending with transparency and fiscal discipline, and continued coordination to keep oil sector stability. Security & Industry: Zawia Oil Refinery confirmed a Petroleum Facilities Guards blockade of its main entrance in a pay-and-conditions protest, while operations continue via a secondary route. Regional Energy Risk: Reports say Houthis seized Red Sea islands near Bab el-Mandeb, adding pressure to shipping routes that already face disruption.

Power & Infrastructure: Libya’s Tripoli Audit Bureau is probing chronic power cuts as GECOL contracts with Egypt’s Madkour to build three 220MW plants (total 660MW) in about 18 months, with ABC Bank backing part of financing; Egypt is also weighing a new 500kV line to raise the Libya interconnection to around 2,000MW. Energy Security & Trade: Libya’s gas project has started trial operations, while regional energy tensions keep spilling into shipping routes. Industry & Exports: The Libyan Export Development Authority launched a direct shipping line from Misrata Free Zone via Tangier to African markets including Nigeria and Cameroon to cut costs and boost non-oil exports. Ports & Construction Materials: Skikda Port shipped nearly 19,000 tonnes of cement and clinker to Italy and Libya in parallel loading operations. Oil Sector Labor: Zawia Oil Refinery says the Petroleum Facilities Guards blockaded its main entrance in a pay-and-conditions protest, with work continuing via a secondary gate. Security & Contraband: Libya seized 100,000 ecstasy pills molded into Muammar Gaddafi’s face after a shipment arrived from Europe. Regional Context: Switzerland moved to ban purchases, imports and transit of Sudanese gold, tightening sanctions pressure on conflict-linked mining and logistics.

Libya Energy & Industry: NOC welcomed Mellitah Oil & Gas’s KK station associated gas recovery trial commissioning, targeting ~15 million cubic feet/day via a 40-km pipeline to Abu Attifel and onward to the Zueitina hub, supporting grid supply and the “zero gas flaring” push to 2030. Oil & Infrastructure Security: Petroleum Facilities Guards blockaded Zawia Oil Refinery’s main entrance in a pay-and-conditions protest while work continued via a secondary gate. Trade & Logistics: Libyan Export Development Authority launched a direct shipping line from Misrata Free Zone port via Tangier to African markets including Nigeria and Cameroon to cut shipping costs and boost non-oil exports. Industrial Development: Libya’s Ministry of Industry and Minerals’ Green Industrial Transformation Committee carried out field visits to aggregate crushing plants to support construction-material output and competitiveness. Regional Energy Cooperation: Arab energy experts agreed to strengthen electricity, renewable energy and energy-efficiency cooperation, including preparations for a renewable-energy forum in Libya. Power & Grid Policy: A US executive order and DOE request for input on bulk power system equipment could reshape procurement rules across the power sector. Steel & Mining Investment: A Benghazi low-carbon iron project (Tosyali-Sulb) is expected to attract $2.5bn, with production projected for early 2028 and most output exported.

Trade & Shipping: Libya’s Export Development Authority (LEDA) launched a direct shipping line from Misrata Free Zone port via Tangier to African markets including Nigeria and Cameroon, aiming to cut shipping costs and boost non-oil exports. Construction Materials Exports: Port Enterprise of Skikda handled nearly 19,000 tonnes of cement and clinker in parallel loading operations, with shipments bound for Italy and Libya. Industry Oversight: Libya’s Ministry of Industry and Minerals’ Green Industrial Transformation Committee carried out field visits to aggregate crushing plants to assess operations, capacities, and needs supporting construction-materials competitiveness. Energy & Gas Utilization: NOC welcomed Mellitah Oil & Gas’ KK Station associated gas recovery project, recovering about 15 million cubic feet per day and feeding the national grid as part of the “zero gas flaring” push. Rail & Infrastructure: Libyan Railroads said it is seeing positive indicators for resuming stalled work with China’s CRCC/CCEC, with plans and schedules expected to be submitted to restart key railway sectors. Investment Diplomacy: The Libyan-French Economic Summit in Sirte opened talks across energy, infrastructure, engineering and construction, while Libya’s National Development Authority signaled readiness to invest in Tunis-Carthage airport upgrades or a new airport. Industrial Development (Benghazi): A Benghazi low-carbon iron project linked to Tosyali-Sulb is reported to target $2.5bn investment and early 2028 production, with most output planned for export.

Zero Gas Flaring Push: Libya’s Mellitah Oil & Gas has started trial commissioning for the KK Station gas recovery project, aiming to recover associated gas volumes of about 15 million cubic feet per day and route them via a 40-kilometre pipeline to the Abu Attifel field, then onward to the Zueitina hub and the coastal network—supporting domestic demand and NOC’s “zero gas flaring” target by 2030. Industrial Inputs & Exports: Egypt’s industry ministry met furniture manufacturers and designers to boost competitiveness, replace imports, and tackle customs and logistics barriers, with export market plans including Africa, Libya, and Iraq. Construction Materials Logistics: Algeria’s Port Enterprise of Skikda shipped nearly 19,000 tonnes of cement and clinker to Italy and Libya, running three simultaneous loading operations across multiple piers. Local Industry Oversight: Libya’s Ministry of Industry and Minerals’ Green Industrial Transformation Committee visited aggregate crushing plants to review production capacity and operational needs, supporting the construction materials sector. Energy Security Condemnation: Arab and Islamic countries, including Libya, condemned drone attacks damaging Saudi Arabia’s East-West oil pipeline, pledging support to Riyadh and calling it a violation of international law. Libya-Europe Investment Link: The Libyan-French Economic Summit launched in Sirte under the National Development Agency, featuring panels on energy, infrastructure, and construction operations to drive reconstruction and investment cooperation. Rail Revival Talks: Libyan Railroads said it is positive China’s CRCC/CCEC will resume work on stalled railway projects, with plans for operational schedules after recent discussions.

Industry Oversight: Libya’s Ministry of Industry and Minerals sent a Green Industrial Transformation Committee team to inspect aggregate crushing plants in Al-Aziziya and Wadi Al-Hay, Gharyan, reviewing output capacity and operational needs to keep construction materials production running and boost local competitiveness. Energy & Gas Utilization: The National Oil Corporation backed Mellitah Oil & Gas’ KK Station gas recovery trial commissioning, aiming to capture all associated gas from station wells at about 15 million cubic feet per day via a 40-km pipeline to Abu Attifel, then onward to the Zueitina hub—supporting grid supply and NOC’s “zero gas flaring” target for 2030. Industrial Investment: A Benghazi low-carbon iron project linked to Tosyali-Sulb is expected to draw $2.5 billion, with commercial production targeted for early 2028 and most output planned for export, alongside rebar and pipe production for the local market. Transport Infrastructure: Libyan Railroads said it is seeing positive indicators that China’s CRCC/CCEC will resume work on stalled railway sectors, with plans and schedules expected to be submitted to restart implementation. Bilateral Business: The Libyan-French Economic Summit for Investment and Development opened in Sirte, featuring panels on energy, water, telecoms, infrastructure, construction operations, and urban planning to advance reconstruction and investment cooperation. Energy Cooperation: Vietnam’s Petrovietnam discussed expanding oil and gas ties with Libya, including new projects and technical services exchange.

Benghazi Industry & Power: Libya’s Tosyali-Sulb low-carbon iron project in Benghazi is expected to pull in about $2.5 billion, with production due in early 2028 and gas supply arrangements for the first phase already completed. Energy Infrastructure: NOC says Mellitah Oil & Gas has started trial commissioning for the KK Station associated gas recovery project, targeting 15 million cubic feet per day and feeding the national grid as part of its “zero gas flaring” push. Rail Logistics: Libyan Railroads reports positive talks with China’s CRCC/CCEC on resuming stalled railway work, aiming to speed up operational plans and schedules. Oil & Gas Cooperation: Vietnam’s Petrovietnam met Libya’s embassy in Hanoi to discuss expanding oil and gas cooperation, including technical services and new projects. Trade & Investment: The Libyan-French Economic Summit launched in Sirte under Libya’s National Development Agency, with panels covering energy, water, telecoms, infrastructure, engineering, construction operations, and urban planning. Maritime/Legal: Egypt, Cyprus and Greece reiterated that maritime-jurisdiction deals involving Libya must follow UNCLOS and called for faster links between Cypriot gas fields and Egyptian infrastructure.

Libya Oil Security: Libya’s unity government says it dismantled a cell behind drone attacks on vital hydrocarbon facilities, as persistent strikes keep disrupting supply and raise risks for the oil sector. NOC Drilling Tech: Libya’s National Oil Corporation held a technical workshop with EGYDRILL Free Zone and Norwegian partners to assess modern drilling and workover solutions for local needs. AGOCO Contracts: AGOCO reassigned drilling, well maintenance and software-related work to Baker Hughes after prior providers failed to meet obligations, aiming to boost operational efficiency. Rail Infrastructure: Libyan Railroads resumed technical coordination with Hitachi Rail STS on signalling and telecoms for the Ras Ajdir–Sirte and Al-Heisha–Sabha rail sectors, ahead of further implementation steps. Renewables for Industry: Penta Energy Services signed a 25MW solar PPA to supply part of LISCO’s electricity demand in Misrata under Libya’s renewable energy strategy. Trade & Investment: The Libyan Business Council in Benghazi hosted a French Business France delegation, highlighting partnerships in energy, infrastructure, engineering and sustainable development.

Oil & Gas Security: Libya’s oil sector is still under pressure as drone strikes and supply disruptions continue to threaten hydrocarbon facilities, even while political talks move toward elections within two years. NOC & Drilling Tech: The National Oil Corporation held a technical workshop with EGYDRILL and Norwegian partners to review modern drilling, workover, completion and operational technologies for Libya’s fields. Oil Services Contracts: AGOCO reassigned drilling, well maintenance and software-related tasks to Baker Hughes after withdrawing work from underperforming providers, aiming to boost efficiency and technical performance. Production & Investment Push: SLB reiterated it will not scale back in Libya and wants to expand investment and infrastructure to support NOC plans to raise production rates. Renewables for Industry: Penta Energy Services signed a 25MW solar PPA to supply part of LISCO’s electricity needs in Misrata under Libya’s renewable energy strategy. Rail Infrastructure: Libyan Railroads and Hitachi Rail STS held talks on resuming Ras Ajdir–Sirte and Al-Heisha–Sabha signalling and civil works, continuing the July roadmap. Agribusiness & Beekeeping: Benghazi’s Bee Development and Improvement Authority met the National Development Agency to expand nectar-rich tree planting and set up bee grazing reserves to support production. Trade & Industry Links: The Libyan Business Council in Benghazi hosted a French Business France delegation to explore partnerships in energy, infrastructure, engineering and sustainable development.

Rail Infrastructure: Libyan Railroads held a routine virtual meeting with Hitachi Rail STS on resuming signalling and telecom works for the Ras Ajdir–Sirte and Al-Heisha–Sabha rail sectors, reviewing practical steps ahead of a planned October Tripoli visit. Renewables & Industry Power: REAoL says US firm Penta Energy Services signed a PPA for a 25MW solar PV plant to supply part of LISCO’s electricity needs in Misrata. Oilfield Services: AGOCO reassigned drilling, well maintenance and software-related contracts to Baker Hughes after withdrawing work from providers that missed obligations or failed to retain national staff. Food Security Controls: Libyan Industry Union set a maximum flour selling price of 280 dinars per qintar (100kg) for bakeries; eight mills started implementing the deal. Oil Sector Investment Signals: SLB reiterated it will not scale back in Libya and plans to expand investment to support NOC production-rate plans. Market & Trade Pressure: A report highlights how oil-price shocks hit Europe unevenly, with Libya among major crude suppliers to the EU. Regional Diplomacy: Turkey’s outreach to eastern commander Khalifa Haftar signals a shift toward “One Libya” diplomacy beyond the west-east split. Agriculture & Beekeeping: Benghazi bee authorities discussed expanding nectar-rich tree planting and protected grazing areas to boost beekeeping production. Energy Transition Risk: E3G warns oil-dependent economies like Libya face major fiscal pressure as global demand peaks in the early 2030s. Bread Industry MoU: A national initiative to stabilize and support the bread sector moves forward via an MoU tied to local governance and industry coordination.

Libya Oil Sector: SLB says it will not scale back in Libya and plans to expand investment and work with the NOC to boost production, as the NOC also pushes for faster output amid financing and security pressure. NOC Operations: Mellitah Oil & Gas rehabilitated the Al-Rimal R-3 well, lifting output to 3,026 bpd after replacing completion equipment, re-perforating zones and installing an ESP. Food & Bread Industry: The Libyan Industry Union agreed with the Economy Ministry, Central Bank and flour mills to cap flour at 280 dinars per qintar for bakeries; eight mills start applying it, alongside a wider National Initiative to stabilize and regulate bakeries via flour quotas and monitoring. Power & Fuel Strategy: Libya is exploring switching power plants from liquid fuel to LNG to cut generation costs and reduce liquid fuel use, with coordination plans for grid stability. Infrastructure: Prime Minister Aldabaiba reviewed progress on Tripoli International Airport and Airport Road development, focusing on final completion stages and quality standards. Agriculture & Beekeeping: In Benghazi, the Bee Development and Improvement Authority met to expand nectar-rich pasture planting to support beekeepers and boost production. Regional Energy Diplomacy: Egypt, Greece and Cyprus renewed coordination on energy and security, including electricity interconnection and gas links, while also referencing Libya in broader regional discussions.

Higher Education & Reconstruction: Libya’s University of Benghazi reopened all faculties after 11 years, following a reconstruction push by the Libyan Development and Reconstruction Fund, restoring engineering, arts, law, science and languages plus libraries, labs, residences and roads. Food Security & Bread Market: The Libyan Industry Union agreed with the Economy Ministry, Central Bank and flour mills to cap flour at 280 dinars per qintar (100 kg) for bakeries, with eight mills starting implementation, while a separate MoU targets regulating and monitoring about 1,876 bakeries to curb flour diversion and stabilize bread supplies. Energy & Power Supply: Libya’s NOC reported successful rehabilitation of the Al-Rimal R-3 well at 3,026 BPD, and the Industry Ministry discussed shifting power plants from liquid fuel to LNG to cut generation costs and protect grid stability. Infrastructure Projects: Prime Minister Abdel Hamid Aldabaiba reviewed progress on Tripoli International Airport and Airport Road development, stressing quality and adherence to international specifications. Agriculture & Beekeeping: Benghazi’s Bee Development and Improvement Authority met the National Development Agency to expand nectar-rich tree planting and set up protected bee grazing pastures. Trade & Logistics: Julyana Free Port handled a sharp rise in grain imports, underscoring how Libya’s bread supply chain still depends on port throughput and shipping reliability.

Bread Market Stabilization: Libya’s Industry Union says eight flour mills will cap flour for bakeries at 280 dinars per qintar (100 kg), aiming to protect bread supply and steady prices. Bread Industry Oversight: A new MoU links flour quotas to actual bakery output and sets up electronic plus field monitoring with municipal offices, the Municipal Guard, and the Bakers’ Syndicate. Power Sector Fuel Switch: Libya’s Industry and Minerals ministry is exploring replacing liquid fuel with LNG for power plants to cut generation costs and reduce liquid fuel use. Airport Delivery Push: Prime Minister Abdel Hamid Aldabaiba reviewed progress on Tripoli International Airport and Airport Road works, stressing quality standards and coordination to finish remaining phases. Oilfield Operations: Mellitah Oil & Gas restarted Al-Rimal well R-3 after rehabilitation, reaching 3,026 BPD in initial tests. Food Security Trade Lens: A report highlights how grain imports flow through Libyan ports, with Julyana Free Port handling a sharp jump in grain volumes in early 2026. Energy Security Risks: Libya authorities report arrests over drone attacks and sabotage plots targeting oil and electricity facilities.

Bread Industry Stabilization: Libya’s Industry and Minerals undersecretary Mustafa Al-Samou signed an MoU with Local Government to implement a National Initiative to stabilize and support the bread industry, aiming to regulate about 1,876 bakeries nationwide by linking flour quotas to actual output and rolling out joint electronic and field monitoring with municipal offices, the Municipal Guard, and the Bakers’ Syndicate. Food Security & Trade Links: A new look at Libya’s grain flows shows Julyana Free Port handled 587,645 tonnes of wheat, barley, corn and soybeans in H1 2026 (up 83% year-on-year), underscoring how ports and import supply chains keep the bread-and-feed system running. Energy Infrastructure Under Pressure: Libya’s unity government says it dismantled an organised sabotage cell behind drone attacks on Tripoli and Zawiya oil and electricity facilities, arresting five people (including foreigners) and warning investigations continue into financing and support networks. Urban Planning for Growth: The Libya Development and Reconstruction Fund launched the Global Competitive Urban Planning Initiative (Greater Benghazi) in Benghazi to shape an integrated master plan for urban expansion and infrastructure, using international planning and sustainability expertise. Offshore Oil Cooperation: Joint Oil Exploration, Exploitation and Petroleum Services (Libya–Tunisia) opened a bid round for development of the Zarat discovery and further exploration in the Gabes–Tripoli Basin, with packages covering exploration and unitised development across the border.

Libya Energy Security: Libya’s Government of National Unity says it dismantled a sabotage cell behind explosive-laden drone attacks on oil and electricity facilities in Tripoli and Zawiya, arresting five suspects including foreign nationals, after weeks of strikes that disrupted infrastructure and raised fears for the sector. Offshore Oil Cooperation: Libya and Tunisia opened a new bid round for their joint offshore area, including development of the Zarat discovery, with bids due by 31 Dec 2026. Urban Planning & Infrastructure: The Libya Development and Reconstruction Fund launched a Global Competitive Urban Planning Initiative for Greater Benghazi to shape long-term expansion and infrastructure, bringing in international expertise. Trade & Industry Context: Libya’s regional business backdrop includes major shifts in energy-linked trade flows, with non-crude exports rising in Nigeria as refining output grows—an indicator of how industrial capacity can reshape export structures.