Türkiye's energy minister on Saturday highlighted Libya's potential in oil and gas, reaffirming Ankara's readiness to collaborate with countries and firms to help Libya use this potential. “To address all these challenges and to secure energy supply, reliable and affordable energy supply is becoming increasingly difficult each and every day,” Bayraktar stated, stressing the urgency for international cooperation to tackle these issues head-on. The minister highlighted Libya's significant potential in fields beyond oil and gas, emphasizing the nation's capacity for renewable energy development. - Minister highlights smart energy transitionBayraktar's speech also focused on the nature of energy transition, advocating for a "smart energy transition" characterized by responsiveness, rational decision-making, flexibility, justice, and digitization. He called for the development of policies and regulations that would foster a sustainable shift in energy production and consumption.
