Tripoli wants to fill Europe's energy gap, Libya's oil minister says
The unrest-plagued North African country is ramping up fossil fuel production, even as political violence and smuggling increase.
Libya is confident it can help Europe offset energy supply losses caused by the Strait of Hormuz blockade. The country's Oil and Gas Minister Khalifa Abdel Sadig said Libya can play a "key role" in providing energy security solutions for the European Union. Libya has the largest proven oil reserves and fourth-largest gas reserves in Africa and aims to increase production to 1970s levels, more than double current output.
However, security concerns, including smuggling and attacks on critical infrastructure, raise questions about the country's ability to overcome over a decade of unrest.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
