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بوابة الوسط
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بوابة الوسط

2026-07-04T12:54:57.000Z

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Africa Energy Chamber: Better Investment Climate Boosts Libya's Oil Sector

Africa Energy Chamber: Better Investment Climate Boosts Libya's Oil Sector

The report focused on the importance of improving the investment environment in Libya to enhance oil production and attract long-term investments in the refining sector. This comes amid rising oil output, reaching approximately 1.5 million barrels per day, the highest level in over a decade. The report also reviewed Angola's experience, which succeeded in improving transparency and tightening regulatory policies, thereby increasing investor confidence and driving investments exceeding $60 billion between 2025 and 2030. It emphasized that regulatory stability contributes to attracting sustainable investments and maximizing the benefits from oil and gas resources.

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