Global energy giants confirm participation in Libya Energy & Economic Summit 2026
Libya’s energy sector is poised for a significant transformation as major state-backed national oil companies from Turkey, Hungary, and Poland confirm their high-level participation in the upcoming Libya Energy & Economic Summit (LEES) 2026.
This announcement marks a critical milestone in the country’s efforts to revitalize its upstream oil and gas industry and attract long-term international investment.
The fourth edition of the summit, scheduled to take place in Tripoli from January 24-26, 2026, arrives at a time when the North African nation is aggressively accelerating its licensing strategies and working to eliminate operational bottlenecks across its primary basins. Under the theme “Infrastructure & Investment Driving Energy Growth,” the event has secured official endorsements from the Office of the Prime Minister, the Ministry of Oil and Gas, and the National Oil Corporation (NOC).
Turkey’s national oil company, TPAO, has emerged as a frontrunner in the reopening of Libya’s energy sector. Following a landmark offshore exploration agreement signed in June 2025, which includes massive seismic surveys covering 10,000 km, TPAO has signaled its readiness to deploy substantial capital and technical resources. Ahmet Türkoğlu, the CEO of TPAO, is slated to address the summit, highlighting the company’s role as an active operator following the 2025 bid round.
Joining the Turkish delegation is Poland’s ORLEN Group, which has recently expanded its Libyan footprint through its subsidiary, PGNiG Upstream North Africa. After the lifting of force majeure, the company resumed exploration activities in the Murzuq Basin and is currently evaluating production forecasts and gas infrastructure development at the Al-Wafa field. ORLEN Group CEO Ireneusz Fąfara will provide insights during the summit on the company’s strategic interest in Libya’s higher production targets.
Furthermore, Hungary’s MOL Plc. has qualified as an operator in Libya’s first international licensing round in nearly twenty years. Represented by Zsombor Marton, Group Exploration and Production Executive Vice President, MOL views Libya as a cornerstone market for diversifying its crude supply and expanding its international upstream portfolio.
“The participation of national energy champions such as TPAO, MOL and ORLEN Group underscores the renewed confidence state-backed operators are placing in Libya’s upstream potential,” said James Chester, CEO of Energy Capital & Power. “Their long-term outlook, institutional backing and operational capabilities will be critical to driving sustainable investment and production growth.”
As Libya prepares to host this premier platform for innovation and sector growth, the summit is expected to serve as a catalyst for new partnerships between the Libyan government and international energy leaders. Stakeholders and prospective delegates looking to explore opportunities in North Africa’s dynamic energy market can find further details at the official summit website.
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