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Dbeibeh, Shakshak, and Officials Discuss Energy Sector Development and Fuel File

Prime Minister Abdul Hamid Dbeibeh held a meeting on Monday with the head of the Audit Bureau, Khaled Shakshak, the Minister of State for Cabinet Affairs, the Chairman of the National Oil Corporation, the head of the Libyan Investment Authority, and directors of oversight departments for sovereign sectors, energy, public companies, investments, and banks.

The meeting focused on discussing several investment projects aimed at developing the energy sector and increasing oil and gas production. Emphasis was placed on monitoring legal and technical procedures to reactivate the Ras Lanuf refinery, which has been halted since 2013, following the purchase of the foreign partner’s share. The need to upgrade aging pipelines to support the National Oil Corporation’s plan for increased production was also highlighted.

Additionally, the meeting addressed the mechanism for fuel payment for 2025, setting controls on quantities and supply methods, and resolving this issue. They also discussed activating the Bab Tripoli investment project, which is vital for improving services for citizens, in line with the Audit Bureau’s proposed regulations. The importance of increasing transparency and disclosure in all contracting procedures related to the oil sector was emphasized.

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