IN-VR has successfully facilitated a high-level meeting between the European Union and the Government of Libya, marking an important step toward re-engaging EU institutions with Libya’s energy sector and advancing structured cooperation on investment, financing, and long-term strategic collaboration.
The meeting brought together Dr. Nikolaos Farantouris, Member of the European Parliament, and Dr. Khalifa Abdulsadek, Libya’s Minister of Oil and Gas, for in-depth discussions focused on strengthening EU–Libya cooperation across oil and gas development, energy transition initiatives, and regional energy integration.
Discussions centred on the applicability of European Union energy financing instruments and funding pathways to Libya’s priority projects, alongside the reopening of structured institutional dialogue between EU bodies and Libya’s energy authorities. The parties also explored the establishment of clearer and more predictable investment frameworks to support international participation in Libya’s energy sector.
Energy security and regional cooperation featured prominently in the agenda, with Libya’s potential role within the broader EU–Mediterranean and Africa–Europe energy corridors highlighted as a strategic opportunity for both sides.
This engagement builds on IN-VR’s long-standing involvement in Libya. Since 2012, IN-VR has worked closely with Libya’s National Oil Corporation (NOC) and the private sector to support international re-engagement, facilitate investor dialogue, and develop platforms connecting Libyan institutions with global energy companies, financial institutions, and strategic partners.
Through its multi-year presence and continuous institutional outreach, IN-VR has supported initiatives aimed at translating policy-level discussions into tangible investment pathways and long-term cooperation frameworks.
Dr. Nikolaos Farantouris, who serves on the European Parliament’s committees on Budget, Security and Defence, and EU–African Relations, also held meetings with senior Libyan officials to discuss broader cooperation areas, including energy, migration, and Libya’s democratic transition. He underlined that legal certainty and respect for international law are essential foundations for creating a stable environment for investment and sustainable economic relations between Libya and the European Union.
The meeting is considered among the first high-level political engagements by a Member of the European Parliament in Libya in recent years, signalling renewed momentum toward deeper EU–Libya institutional dialogue.
IN-VR will continue to advance EU–Libya collaboration through upcoming high-level engagements, targeted investment-focused initiatives, and strategic platforms designed to support Libya’s reintegration into international energy, investment, and policy ecosystems.
