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Libya: GNU Oil Minister Defends Energy Partnerships With Europe, US Based on Equality

Libya: GNU Oil Minister Defends Energy Partnerships With Europe, US Based on Equality

Rédaction Africa Links 24 with Faraj Abdullah
Published on 2024-02-24 17:49:53

Oil and Gas Minister Muhammad Aoun recently spoke at the Gas Exporting Countries Forum (GECF) in Algeria, where he defended Libya’s energy partnerships with European and American companies. During his speech, Aoun emphasized the importance of cooperation in the oil and gas sector, highlighting the need for partnerships based on equality, mutual interests, and understanding the unique circumstances of each African country.

Aoun called for African countries to unite when it comes to gas, electricity, water, and transportation networks, asserting that such collaboration would serve their interests as well as those of other nations. He also urged major African organizations to work together for the benefit of the continent, noting that despite Africa’s abundant wealth and resources, over 600 million Africans still lack access to electricity.

While Africa is open to partnerships with foreign companies and countries, Aoun stressed the importance of ensuring that these partnerships are equitable and fair, without taking advantage of developing nations. He highlighted the fact that GECF countries collectively hold over 70% of proven global gas reserves, underscoring the forum’s significant role in meeting the world’s gas demands.

The minister commended Algeria and Libya for their roles as major African gas exporters and GECF members, noting their contributions to alleviating Europe’s ongoing energy crisis through gas supplies. He emphasized the critical role that African countries play in the global energy landscape and the potential for collaboration to benefit not only Africa but also the wider world.

Aoun’s remarks at the GECF underscored the importance of sustainable energy partnerships that prioritize the interests of all parties involved. By advocating for unity among African nations and fair treatment in energy collaborations, he highlighted the potential for the continent to leverage its resources for economic growth and development.

In conclusion, Minister Aoun’s speech at the GECF reflected a commitment to promoting responsible energy practices and fostering cooperation among nations for mutual benefit. His calls for equitable partnerships and support for African unity in energy matters demonstrate a forward-thinking approach to addressing the challenges and opportunities in the global energy sector.

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