Decision No. 77 of 2023 on Urea Fertilizer Pricing and Allocation

The Ministry of Economy and Trade sets the domestic sale price of urea fertilizer at 160 LYD per quintal for a 20,000-ton allocation in 2023 from the Libyan Fertilizer Company. The Ministry of Agriculture will distribute this subsidized allocation to agricultural cooperatives and public projects, while the Ministry of Economy monitors commercial sales separately through the National Oil Corporation.

This decision establishes a two-tier pricing system for urea fertilizer—subsidized domestic supply versus commercial pricing—creating potential market distortions. Foreign agricultural input companies and fertilizer traders should note that 20,000 tons of subsidized product will compete with commercial imports. The decision's flexibility to adjust quantities and pricing based on actual production creates regulatory uncertainty for commercial operators planning fertilizer imports or distribution arrangements in 2023.