LIA Discusses Reinvesting Libya's Frozen Assets with China

Libya Explores Partnership with China to Invest in Oil and Gas Sector

The Libyan Investment Authority (LIA) is exploring potential partnerships with Chinese companies to invest in Libya's oil and gas sector, marking a significant turning point for the country. The discussions come as Libya's frozen assets, valued at approximately $200 billion, are set to be managed by the LIA in collaboration with the Chinese government.