Libya Signs $20 Billion Oil Deal with TotalEnergies and ConocoPhillips
Tripoli announces a 25-year contract with the French and American groups. The deal would generate over $370 billion in revenue according to the Libyan Prime Minister.
| Countries | Égypte, France, Libye, Turquie, États-Unis |
|---|---|
| Companies | ConocoPhillips, Chevron, TotalEnergies, National Oil Corporation |
| Sector | Pétrole |
| Theme | Politique & Géopolitique |
The Libyan government announced the signing of an oil agreement worth over $20 billion for a period of 25 years with TotalEnergies and ConocoPhillips. Prime Minister Abdelhamid Dbeibah indicated that this contract would generate more than $370 billion in revenue over its full duration. According to official statements, the agreement would be entirely funded outside the Libyan state budget.
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