Türkiye and Libya Sign MoU After 17-Year Economic Hiatus

Türkiye and Libya have signed a memorandum of understanding following a meeting of the Economic Commission in Tripoli, held for the first time in 17 years.

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar said that the sides reached an understanding to expand and diversify the successful cooperation between the two countries’ state-owned companies in the trade of oil and petroleum products, The Caspian Post reports via Bayraktar's message on X.

Dost ve kardeş Libya ile 17 yıl aradan sonra Trablus’ta gerçekleştirdiğimiz 22. Dönem Karma Ekonomik Komisyon (KEK) Toplantısı’nı, Libya Ulaştırma Bakanı ve KEK Eşbaşkanı Sayın Muhammed Şahubi ile imzaladığımız Mutabakat Zaptı ile nihayete erdirdik.

Enerji alanında, iki ülkenin… pic.twitter.com/d913ktVEqE

— Alparslan Bayraktar (@aBayraktar1) January 24, 2026

Bayraktar noted that Türkiye and Libya also expressed interest in working together on projects currently being implemented in Libya, both onshore and offshore. In addition, the talks explored prospects for partnership in renewable energy and the mining sector, signaling a broader push to deepen bilateral economic ties.