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Mixeddecision Immediate

Decision No. 31 of 2025: Committee Formation for Fuel Supply and Distribution Review

27-01-2025·رئيس مجلس الوزراء·الطاقة
Analysis
Summary

The Prime Minister establishes an inter-agency committee to assess domestic fuel needs, review the legal status of fuel distribution companies, and resolve outstanding payment obligations owed to Brega Oil Marketing Company. The committee has tight deadlines: 15 days for fuel demand assessment, one month for legal review, and two weeks for debt settlement procedures.

Business Implication

This signals potential restructuring in Libya's downstream fuel sector and could impact existing fuel distribution arrangements. Foreign companies in fuel trading, distribution partnerships, or major consumption sectors (power generation, industrial operations) should monitor outcomes closely, as the committee may recommend changes to supply allocations or distribution mechanisms. The focus on settling legacy debts suggests increased payment enforcement going forward.

Key Provisions
15-day deadline to determine fuel quantities required for domestic market including major consumers
One-month review of legal status of fuel distribution companies and settlement mechanism for assets transferred from Brega Oil Marketing
Two-week deadline to settle and remit outstanding dues owed to Brega Company for fuel product distribution from previous years
Committee includes representatives from NOC, Ministry of Oil & Gas, refineries, distribution companies, power utility, and Audit Bureau as observer
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