Russia has historically been the largest supplier of natural gas to Europe, accounting for more than 40% of the EU’s total gas imports in 2021. However, with continuing conflict in Ukraine this may be the time for North Africa to step up.
A recent report by the United Nations Economic Commission for Africa has highlighted the continent’s huge untapped renewable energy potential, as well as the investment opportunities it presents.
Recent meetings between Italian and Libyan leaders to discuss the energy and infrastructure projects bode well for Libya’s role in ensuring global energy security, as the market shifts from reliance on Russia and the Middle East.
