Steel Network
13,407.44 TRY BIST 100 BIST 100
51.54 EUR EUR EUR
43.41 USD USD USD
6.28 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
34.13 TRY Interest Interest
69.26 USD Fossil Oil Fossil Oil
13,407.44 USD Copper Copper
168.08 USD Silver Silver
103.28 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,761.05 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Libya considers to Türkiye as strategic economic and commercial partner

Mustafa el-Mani, President of the Libyan Prime Ministry's Board of Strategic Projects, stated that Türkiye is a strategic commercial and economic partner for Libya.

Libya considers to Türkiye as strategic economic and commercial partner

Mani said in a statement to an AA correspondent at the Libya Economy and Energy Summit that Libya’s Government of National Unity is making continuous efforts to increase trade volume with Türkiye.

Mani noted that Türkiye is one of the most important markets exporting products to Libya and has a significant impact on the Libyan market. He said that many Turkish companies are involved in both new contracts and the renewal of previous projects, particularly in infrastructure projects, airports, and roads. “Türkiye has become and will continue to be a strategic economic and trade partner for the Libyan state.” 

Recalling that Libya launched a tender for oil and natural gas exploration in November 2025 for the first time in 17 years, Mani stated that Turkish companies are among the most prominent applicants. He noted that the results of the public tender are expected to be announced within four weeks, adding, “We wish success to all global companies that establish strategic partnerships with us.”

Mani emphasized that Libya is no longer a high-risk market and now offers various investment opportunities. He underlined that Libya is an attractive market, especially for companies investing in the renewable energy sector in Türkiye. “Alongside conventional energy, we aim to achieve energy diversification through renewable energy. This represents an important opportunity for Turkish companies.”

Stating that Libya is open to international partnerships, Mani expressed his satisfaction with the long-standing cooperation with Türkiye. “Turkish contractors and companies are implementing many projects with us every day. We are proud of these partnerships and are determined to support and further develop them.” 

Mani also recalled the 22nd Term Türkiye–Libya Joint Economic Commission Meeting held on January 24, co-chaired by Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar and Libya’s Minister of Transport Mohammed Al-Shuhubi. He noted that the meeting resulted in an agreement to enhance economic partnerships and address issues that have been pending for the past 20 years.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russian billet market trapped in a low-demand zone

Thursday, January 29, 2026

Russian coking coal prices moved upward

Thursday, January 29, 2026

The European Parliament supported a reduction in quotas on steel imports

Thursday, January 29, 2026

Government support for Aegean exporters increased by 90%

Wednesday, January 28, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now