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Egypt & Libya advance plans for broader energy cooperation

Prime Minister Mostafa Madbouly called for the preparation of a clear timetable to guide joint energy projects, particularly in the fields of natural gas and petroleum exploration.

By: Business Today Staff

Thu, Jul. 30, 2026

Egypt and Libya are seeking to accelerate cooperation in natural gas, oil exploration, electricity interconnection and infrastructure investment as part of efforts to strengthen economic ties between the two countries.

 

Prime Minister Mostafa Madbouly called for the preparation of a clear timetable to guide joint energy projects, particularly in the fields of natural gas and petroleum exploration.

 

He also stressed the importance of advancing the electricity interconnection project between Egypt and Libya to support greater regional energy integration.

 

Madbouly made the remarks during talks with Abdul Hamid Dbeibeh, Prime Minister of Libya’s Government of National Unity, at the government headquarters in New Alamein City.

 

The meeting brought together ministers and senior officials from both countries to discuss opportunities for expanding bilateral cooperation.

 

Madbouly said Egypt is committed to developing its relationship with Libya in a way that reflects the depth of their historical ties.

 

He emphasised the importance of reconvening the Egyptian-Libyan Joint Committee and implementing the understandings reached during President Abdel Fattah El-Sisi’s meeting with the Libyan delegation.

 

The prime minister identified natural gas, petroleum refining and electricity interconnection as priority areas for cooperation.

 

He called on the relevant authorities in both countries to begin direct coordination and develop practical steps for implementing the proposed projects.

 

Madbouly also highlighted Egypt’s wider programme to establish electricity links with neighbouring countries, including Saudi Arabia and Libya, as part of efforts to facilitate energy exchange across the Arab region.

 

He added that Egypt and Libya could also explore joint opportunities in fertiliser production.

 

Dbeibeh said Libya is keen to strengthen its partnership with Egypt, particularly in energy, investment and infrastructure.

 

He expressed support for expanding joint investments and increasing the involvement of Egyptian companies in Libya’s major development projects, especially in construction and infrastructure.

 

The Libyan prime minister also called for stronger cooperation in natural gas, petroleum products, refining and oil exploration, as well as further development of the electricity interconnection network.

 

Dbeibeh proposed holding a business forum bringing together Egyptian and Libyan companies to identify investment opportunities and develop new partnerships.

 

He also suggested organising a joint exhibition to showcase companies and projects from both countries.

 

Foreign Minister Badr Abdelatty said Egypt hopes to hold the next meeting of the joint committee at the earliest opportunity.

 

He underlined Cairo’s support for increasing the participation of Egyptian companies in Libya’s reconstruction and development projects, while reaffirming Egypt’s diplomatic support for Libya in international forums.

 

Electricity and Renewable Energy Minister Mahmoud Esmat presented potential areas of cooperation in renewable energy and electricity interconnection.

 

Petroleum and Mineral Resources Minister Karim Badawi reviewed the progress of existing energy cooperation, particularly in natural gas.

 

Masoud Suleman, chairman of Libya’s National Oil Corporation, also outlined proposals for joint projects in oil, gas and petroleum exploration, alongside possible cooperation in fertiliser production.