US giant Chevron returns to Libya

The return of a premier U.S. supermajor signals a critical shift, laying the groundwork for giant projects and revitalizing international investor confidence in Libya. 

Chevron's return goes far beyond basic drilling, unlocking complex, large-scale projects across multiple energy frontiers.   

Below is the link to the full news article:

https://libyareview.com/67894/us-welcomes-chevrons-return-to-libya/

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Libya Africa Investment Portfolio (LAIP) approves the establishment of a joint-stock company for the manufacture and marketing of cement in Misrata

The original date of the post was adjusted to avoid clutter on Blogspot

The original date of the post is 24 July 2026

LAIP decided to establish a joint-stock company for the manufacture and marketing of cement, and instructed the Executive Management to proceed with the incorporation procedures.

Below is the link to the full news article:

https://www.libyaakhbar.com/libya-news/2840961.html

The Libya Africa Investment Portfolio (LAIP) is reviving the stalled Misrata Cement Factory, a project inactive since 2012. Key partners include the Chinese firm Sinoma-Wuhan and local agencies like the Industrial Research Centre.

Project Goals and Phasing

• Phase One: 2 million tons of cement per year
• Phase Two: 4 million tons of cement per year
• Purpose: Supply local needs and export extra stock
• Current State: 32 percent complete from work done before 2012 

Infrastructure and Planning

• Raw Materials: Studies show enough local stone for 50 years.
• Power and Fuel: Talks are underway with the General Electricity Company of Libya and oil groups for gas and heavy fuel oil.
• Access Road: Plans include a 10 km paved road to link the site to the main roads.