Libya’s energy sector is rebounding, drawing global investment and focusing on production growth, gas monetisation, and partnerships. Oil output averaged 1.375 million bpd in 2025, with the government targeting 2 million bpd by 2030, supported by a $20 billion investment programme.
Libya’s state-owned National Oil Corporation (NOC) and its international partners TotalEnergies and ConocoPhillips have signed a first amendment to the re-entry agreement for the Waha Concession.
Libya's Misurata Free Zone Authority has signed a $2.7 billion PPP involving Doha-based infrastructure investor Maha Capital Partners and Terminal Investment Limited, the port operator of world's largest container shipping line MSC, to transform the Libyan port into a modern, high-capacity transhipment hub.
Senior energy market analysts and advisory leaders have confirmed their participation as speakers at the Libya Energy & Economic Summit (LEES) 2026, as Libya accelerates upstream investment, advances its first licensing round in nearly two decades and targets crude oil production of 1.6 million barrels per day (bpd) by the end of 2026.
