Egypt and Libya Near $1 Billion Oil Pipeline Deal

Egypt, Libya begin studying $1B oil pipeline: What to know

The two countries are nearing the launch of a joint project to build a pipeline linking the Egyptian city of Alexandria with the Libyan city of Tobruk, Asharq Bloomberg reported.

Egypt and Libya Near $1 Billion Oil Pipeline Deal

Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies. The proposed pipeline would cost more than $1 billion, according to a government official who spoke to Asharq Bloomberg on condition of anonymity. The two countries are now st…

Egypt, Libya Study $1bn Oil Pipeline from Tobruk to Alexandria

Egypt and Libya are advancing plans for an 800-kilometre crude oil pipeline linking Tobruk with Alexandria, a project that would connect Libya’s expanding oil supply directly with Egypt’s Mediterranean refining industry. The proposed pipeline is expected to cost more than $1bn, according to Asharq Bloomberg, citing an Egyptian government official. The two countries are discussing financing, […] The post Egypt, Libya Study $1bn Oil Pipeline from …

Egypt, Libya Advance $1 Billion Tobruk-to-Alexandria Oil Pipeline

By Alexander Miller, consultant in energy markets. Eurasia Business News, August 10, 2026. Article n°3076 Egypt and Libya are nearing a landmark agreement to build an 800-kilometer oil pipeline connecting the Libyan port city of Tobruk with Alexandria on Egypt’s Mediterranean coast. Estimated to cost more than $1 billion, the project would create a direct route for Libyan crude to reach Egyptian refineries and could materially reshape North Afri…

Egypt and Libya Advance $1B Tobruk-to-Alexandria Oil Pipeline Project

Egypt and Libya Advance $1B Tobruk-to-Alexandria Oil Pipeline Project Daniel Onyango Mon, 08/10/2026 - 12:24 Egypt and Libya are nearing the finalisation of a joint project to construct an 800-kilometre (497-mile) oil pipeline connecting the Libyan city of Tobruk directly with Egypt’s Mediterranean port city of Alexandria. Estimated to cost over $1 billion, the proposed pipeline aims to transport Libyan crude oil to Egyptian refineries, accordi…