Libya’s energy prospects to be showcased at 2026 summit in Tripoli

Libya’s energy prospects to be showcased at 2026 summit in Tripoli

The Libya Energy & Economic Summit (LEES) is to be held in Tripoli from 24–26 January 2026, with the event set to be extended to three full days for the first time. The Summit, now in its fourth year, has been established as a premier platform for investment and innovation in the country’s energy sector.

Libya’s plans to increase oil production to two million barrels per day within the next few years are to be highlighted, with a particular focus placed on the role of both domestic and international private sector actors. Natural gas development and supporting infrastructure are also to be prioritized, as efforts continue to be made to meet local energy needs and strengthen downstream industries.

The summit is expected to be held shortly after the conclusion of Libya’s first licensing round in 17 years, during which 22 exploration blocks were offered. The new exploration landscape is to be presented in detail, with high-value opportunities anticipated to be identified by attendees. With 167 active contractual blocks and a 33% success rate in exploration already reported, confidence is being bolstered among potential investors. Existing operators are also likely to be encouraged to expand their activities, as drilling efforts are increased and discovery operations are advanced under improved regulatory and market conditions.

A significant increase in international participation is being projected, supported by recent changes to foreign travel guidance and renewed diplomatic engagement. Global energy leaders and technical experts are to be brought together under the endorsement of Libya’s Ministry of Oil and Gas and the National Oil Corporation. International pavilions are expected to be expanded, while technical sessions are to be enhanced, building on the success of the previous edition. Strategic partnerships are to be fostered, and Libya’s energy ambitions are to be supported through collaboration with financial institutions, oil companies, and technology providers. Through LEES 2026, Libya’s reintegration into the global energy market is to be further solidified and advanced.

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