Founding Partner, Tarek Eltumi, attended the Libya-Italy Roundtables Event this week in Rome, followed by a VIP Networking Evening, hosted by Energy Capital & Power and Camera di Commercio Italo-Libica.

This event officially launched the Libya Energy & Economic Summit 2025, which will be held in January in Tripoli, and celebrated the Italian-Libyan connection, promoting business opportunities between the two nations.

Libya’s Greenstream Pipeline already transports gas to Italy and other European markets, and the country is aiming to further boost energy supplies to Europe following an $8-billion gas production deal between Italian multinational ENI and Libya’s National Oil Company (NOC). Earlier this year, Italy and Libya signed agreements targeting cooperation in renewable energy, green hydrogen, direct investment and joint initiatives, as well as the exchange of expertise in research, applied innovation in manufacturing and skills training.

An invite-only event, there were senior level attendees from global investors, project developers and financiers in attendance, as well as stakeholders from critical areas of the Libyan economy, as well as subsidiaries of the NOC. The Renewable Energy Authority of Libya (REAOL) spoke on a panel where they discussed foreign investment into Libya’s renewable energy sector, focusing on the success of the Total and NOC agreement to implement Total’s participation in the Waha concessions, located in the Sirte Basin in Libya.

Tarek Eltumi, Founding Partner of Eltumi Partners, stated, “I was delighted to be invited to attend the launch of the Libya Energy & Economic Summit 2025, in Rome, and to be part of interesting discussions with key stakeholders regarding Italian-Libyan business opportunities. Eltumi Partners advises multinationals on their most strategic energy and infrastructure projects across the world, and frequently, with their contracts concerning the Libyan market, therefore I was particularly pleased to discuss foreign investment into the Libyan energy sector, particularly in light of the upcoming EPSA Model Contract update.”

The summit is supported and endorsed by strategic partner the African Energy Chamber, and partners S&P Global Commodities Insights, AmCham Libya, Libyan British Business Council, Rystad Energy, Moore Global, and the Society of Petroleum Engineers.

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