Libya’s GNU delegation reviews return of American companies during talks in the US

A delegation of the Government of National Unity (GNU) discussed with the US Deputy Assistant Secretary of State for Energy Affairs the strategic projects implemented by the GNU and enhancing the stability of global markets, especially transporting gas from Africa to Europe via Nigeria and Libya.

According to the GNU, the meeting, which was held in Washington DC, addressed investment opportunities in the Libyan energy sector, especially in the fields of oil, gas, and renewable energy. It reviewed ways to facilitate the return of leading American companies to contribute to enhancing oil production according to the National Oil Corporation’s plan.

The Libyan delegation also discussed the necessary steps to activate the Libyan-American Council for Trade and Investment, which would contribute to opening the door to American investments in the Libyan market. 

Meanwhile, Libyan Minister of Oil and Gas reaffirmed Libya’s commitment to achieving sustainable development goals by reducing emissions of toxic gases and carbon dioxide, while striving to reach a zero emissions rate by 2030. He stressed the importance of international support to enable Libya to achieve this goal.

The meeting also tackled preparations related to the third session of the Energy Summit, scheduled for next January, which would represent an opportunity to enhance international cooperation in the field of energy and sustainable investments.

The GNU delegation met with White House National Security Advisor for North Africa David Linfield and US Deputy Secretary of State for Africa and the Middle East Joshua Volz to discuss the government’s vision to encourage the return of foreign companies to Libya, develop infrastructure for the aviation and oil sectors, and the efforts of the National Oil Corporation to increase production. 

The delegation included the Ministers of Oil and Gas, and Transport, the Undersecretary of the Ministry of Economy, the official spokesman for the GNU, and a member of the board of directors of the Libyan Investment Authority.

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