The Head of the National Oil Cooperation of Libya, Mustafa Sanalla, met with the Head of General Electricity Company of Libya (GECOL), Weam Al-Abdali, to discuss cooperation between both companies and the future of renewable energy in Libya.

The meeting addressed the supply of natural gas to electricity plants across Libya and elimination of power outages. The challenges hindering the supply and the negative impact of the security situation and scarcity of budgets on the completion of development projects for both sides were also discussed.

The Chairman of NOC said it is important for both companies to work together despite the obstacles facing both institutions. He said that the NOC is doing its best to develop the gas fields, but the failure to adopt the necessary budget for the NOC and its affiliates will hinder the completion of these projects and prolong the power outages and increase deficits in power plants.

He proposed that the GECOL should focus on alternative energy sources such as solar energy, especially in areas far from the gas pipeline network, as an alternative to the provision of electricity at low costs.

The Head of GECOL congratulated the NOC on their recent acquisition of the Share of the Norwegian Fertilizer Company, Yara, and the return of the full ownership of the Urea and Ammonia plants to Libya.

“We have important projects that will fill the power deficit and we strive to implement them in cooperation with the National Oil Corporation, and we have ambitious goals that will be achieved, with the God willing, and with the continuous and joint cooperation between the two sides,” he said.

The meeting ended with both Companies agreeing to work together on the development of projects to address deficits in power, to minimise the loss of supply to the public and eliminate the problems soon.