Libya’s Energy and Economy Summit (LEES) 2026 opened Friday in the capital Tripoli, bringing together senior government officials, international energy executives and investors to discuss infrastructure, investment and the country’s energy future.
Organized by Africa-focused investment platform Energy Capital & Power, the three-day summit is being held for the fourth time with the support of Libya’s Prime Ministry, the Ministry of Oil and Gas, the National Oil Corporation (NOC) and the Renewable Energy Authority of Libya.
Held under the theme “Infrastructure & Investment Delivering Energy Growth,” the summit is scheduled to open with remarks by Libyan Prime Minister Abdulhamid Dbeibeh.
A ministerial panel titled “Strategic Partnerships: Positioning Libya as a Global Energy Leader” will include Türkiye’s Energy and Natural Resources Minister Alparslan Bayraktar, alongside ministers from Libya and other regional countries, as well as representatives of international energy organizations.
The summit focuses on infrastructure investments aimed at boosting Libya’s energy production capacity and attracting international capital. High-level roundtable discussions and bilateral meetings between investors and public institutions are planned, with the signing of new agreements also expected.
Sessions will address oil and gas exploration and production, rehabilitation of existing fields, modernization of refineries and petrochemical facilities, and upgrades to electricity generation and transmission infrastructure.
Renewable energy discussions will center on solar and wind projects, grid integration, energy storage solutions and opportunities for international cooperation in green energy investments.
Financing options are also on the agenda, with multilateral development banks and private investment funds set to evaluate lending and investment opportunities in Libya’s energy and infrastructure sectors.
Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), ranks among the world’s top 10 countries in proven oil reserves, estimated at about 48.4 billion barrels, according to OPEC data. Proven natural gas reserves are estimated at around 1.5 trillion cubic meters.
With high solar exposure and a vast geographic area, Libya also holds significant renewable energy potential.
In recent years, stabilizing oil and gas production, upgrading energy infrastructure and integrating renewable sources into the national energy mix have remained key national priorities.
By Firdevs Yuksel and Sibel Morrow in Tripoli, Libya
energy@aa.com.tru
Anadolu agency
