Egypt pushes to speed up gas and refining projects with Libya
According to Reuters, Egypt's foreign minister Badr Abdelatty said Cairo wants faster progress on gas pipelines, refining and power links with Libya.
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what happened
Egypt intends to accelerate joint energy projects with Libya, Foreign Minister Badr Abdelatty said. He named gas pipeline connections, refining of Libyan crude in Egyptian plants and an electricity interconnection. The remarks came in a ministry statement issued late on Saturday after a meeting in Tripoli with Libya's acting oil and gas minister, Khalifa Abdulsadek.
Abdelatty also called for cooperation on petroleum products and for completing projects that refine Libyan oil in Egypt and re-export it. Abdulsadek said Libya would keep implementing existing projects and would soon visit Cairo for technical talks with Egypt's petroleum and electricity ministers. The statement gave no details on costs or on the status of the projects.
why it matters
Egypt is facing an energy squeeze because domestic gas output is insufficient and global LNG prices are high, so expanded supplies of Libyan crude and products could reduce its reliance on imports. For markets, these are still statements of intent without timelines or figures, and the real effect on oil and gas will depend on concrete decisions and investment.
market impact
Oil and gas: refining Libyan crude and gas links could ease Egypt's supply squeeze, though the impact is still modest
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sources
- Egypt seeks faster progress on Libya gas, refining and power projects — Reuters, 8 November 2026 at 09:46 UTC
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