On Dec. 06-08, 2005, “Libya Energy 2005 Conference: The Future of Libya's Oil, Gas, and Power Industries” will convene at an opportune and auspicious moment; signaling the opening up of the lucrative Libyan Energy sector, amid attendance by top Libyan government officials, policymakers, and businessmen, in a candid and revealing business and networking forum.
The event kicks off the launch of LIBYA FOCUS 2005 , a year long awareness building drive designed to showcase Libya's tremendous economic potential and incentives for FDI, in key growth sectors of the Libyan economy, and this landmark Energy conference will focus on the key issues shaping and defining the future of Libya's promising Hydrocarbons, Power, and Water Energy resources in 2005—and beyond.
Harnessing Libya 's Energy Potential—Exciting Prospects
Libya presents exciting and unique opportunities for international Oil, Gas, and Power companies and related sector support services companies.
The massive need for upgrading and renovation of the Energy infrastructure caused by years of isolation has kicked off, fueling tremendous interest on the part of international Energy companies.
Foreign Direct Investment (FDI) is needed not only in the upstream sectors of exploration and production of new oil fields, but also in the increasing diversification of the downstream sector, in the refining and distribution sectors, previously untouched by international oil and gas firms.
With huge unexploited Oil reserves and an estimated untapped Gas capacity of 53 trillion cubic feet recoverable, easy access to ports and terminals, and comparably cheap extraction rates, Libya has come to be known as the sleeping energy giant of Africa .
Industry surveys have consistently shown that Libya is the favored location for oil and gas exploration and production.
As world energy needs continue to rise dramatically to fuel the global economy; safe, secure, and reliable Energy sources have become a necessity; Libya 's tremendous untapped energy potential presents a tantalizing opportunity for international energy players.
Libya 's Power sector is being expanded to cope with rising population and Industrial capacity, with 10 Billion dollars worth of foreign investment required for the next decade, and The Great Man Made River has similar large scale plans for foreign investment.
Phoenicia Group is proud to be hosting this keynote international Energy conference and networking event, designed to highlight the existing and future potential in Libya 's Hydrocarbons extraction, refining, and distribution industries, as well as Electricity Generation and Water Sectors.
In two days of focused discussions, key issues affecting the future of Libya's Energy sector will be addressed, as well as informative technical presentations, offering delegates the opportunity of meeting key decision makers and officials from the Energy sector and expatriate Energy companies with an established presence in Libya, developing crucial alliances and exchanging know-how.
This will allow international attendees the chance of grasping the fundamentals of operating successfully in the Libyan Energy Market and in depth understanding of the legal and regulatory framework of doing business in the Libyan Energy Market.
Libya Energy 2005 Conference will be a not to be missed opportunity to establish personal relationships with businessmen and officials on the ground and explore joint venture opportunities, and is tailored for E&P companies, Oil and Gas field services, Oil and Gas industry equipment suppliers, and Energy sector support services.
We are delighted to welcome you to Libya . For further information on registering, conference agenda, speaker opportunities and topics, and sponsorship packages, kindly contact us at:
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