Any measure—no matter how small—taken to reduce dependence on oil as a primary revenue source is a stride in the right direction. Its strategic value is steadily diminishing as the world pivots toward more sustainable, cost-effective, and environmentally friendly alternatives like wind and solar power. We are admittedly late in entering the modern international trade arena. We have yet to fully capitalize on our natural advantages, including our strategic geographical location, temperate climate, and pristine coastline. These sectors could eventually generate more national wealth than our current oil revenues.

Source: Libya Observer January 23, 2026 14:46 UTC