Libya recently elevated its diplomatic and economic ties with China to the level of a strategic partnership, during the 2024 China-Africa Cooperation Forum (FOCAC) in Beijing after both countries have been estranged for more than a decade.
In January 2024, the NOC announced its plan to launch a new EPSA bid round in the fourth quarter of this year after a hiatus of over 15 years in awarding new exploration licences.
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.