Turkish Minister of Energy and Natural Resources, Fatih Donmaz, spoke of the existence of "high-level strategic cooperation" between Ankara and Libya's Government of National Accord (GNA), stressing that his country hopes "to achieve peace and tranquility in Libya as soon as possible, because the Libyan people are the ones who are losing."
Donmaz said in an interview with the Anadolu Agency published on Monday, that “the internal war in Libya affects the social and economic life in the country,” explaining that Libya, in light of this situation, “is unable to produce oil despite the presence of billions of barrels of oil reserves. Even if it produced, it is not able to sell this oil.
The Turkish minister added that “some Turkish investors have agreements in Libya on power stations that are run with natural gas,” pointing out that there is a project being implemented by a Turkish company to build a power station near the capital, Tripoli.
Donmaz said that the plant's production capacity is estimated at about one thousand megawatts, noting the importance of providing security for the production and transportation of natural gas needed to operate the plant, otherwise it will be useless.
On September 17, the Turkish Official Gazette announced that the Memorandum of Economic and Trade Understanding concluded between Ankara and the GNA on August 13 will enter into force as of September 15.
The memorandum of economic and commercial understandings provides for the completion of negotiations between Turkish companies and their Libyan counterparts. aims at the continuation of uncompleted Turkish projects and solving the problems facing construction projects implemented in Libya, according to a statement by the Turkish Minister of Trade Rohsar Bakjan.