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Opportunitydecision Medium-term

Decision No. 592/2022 Authorizing Libya-Africa Gas Project Feasibility Study

27-06-2022·مجلس الوزراء·الطاقة
Analysis
Summary

The Council of Ministers authorizes the Ministry of Oil and Gas to conduct technical and economic feasibility studies for the Libya-Africa Gas Project. The decision took effect on 27 June 2022. No implementation timeline or budget is specified.

Business Implication

This signals intent to develop trans-African gas export infrastructure, potentially creating opportunities for engineering firms, EPC contractors, and project finance specialists in the medium term. However, this is only a feasibility study authorization—not a project award or procurement launch. Given Libya's political fragmentation and the Government of National Unity's contested legitimacy, foreign firms should verify whether competing authorities recognize this decision before committing resources to pursuit activities.

Key Provisions
Ministry of Oil and Gas authorized to conduct technical and economic feasibility studies for Libya-Africa Gas Project
Authorization references Minister of Oil and Gas letter No. 285 dated 27/3/2022 (specifics not disclosed in decision text)
Decision effective from date of issuance (27 June 2022) with implementation by competent authorities
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