Libya Prepares for Key Energy Summit in 2024

Tripoli to Host Influential Economic Forum, Eyeing Energy Sector Growth

by Adenike Adeodun

Tripoli is gearing up for the second edition of the Libya Energy and Economic Summit (LEES), scheduled for January 13–14, 2024. According to a report by Energy Capital & Power, this event promises to be a key milestone in Libya’s energy sector, providing a platform for industry insights, investor connections, and the initiation of new projects in energy and infrastructure development.

Top Investment Prospects: LEES 2024 will offer delegates exclusive insights from industry leaders and key stakeholders in Libya’s energy sector. The summit will see participation from major players, including Libya’s National Oil Corporation, TotalEnergies, and Eni, highlighting emerging trends and new project developments. The event will cover a range of topics, from field developments to renewable energy projects, along with vital information on Libya’s 2024 licensing round and new refinery plans.

Regional and Global Presence: The summit is set to draw global attention, with investors from various countries converging in Tripoli. With confirmed participation from US, French, German, Italian, UK, Czech, Turkish, Saudi Arabian, and UAE delegations, LEES 2024 underscores its global significance. High-profile attendees include Libyan Prime Minister Abdul Hamid Dbeibeh, Italian Prime Minister Georgia Meloni, Maltese Prime Minister Robert Abela, and TotalEnergies’ Global CEO Patrick Pouyanné.

New Deals Signed: LEES 2024 is poised to be a pivotal event for signing new deals and fostering partnerships, continuing the precedent set by the inaugural summit in 2021. Among the highlights of the previous summit was the Memorandum of Understanding between TotalEnergies and the General Electricity Company of Libya for a 500 MW solar park in Sadada. The upcoming summit is expected to see a series of influential deals and partnerships that will shape the future of the energy industry.

Networking Gala Reception: In addition to the summit’s discussions and workshops, delegates will have the opportunity to engage in networking at the Gala Reception on January 13. The event, showcasing Libyan culture, will offer a relaxed environment for fostering cooperation and networking within the Libyan and African energy markets.

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