U.S. - Libya Oil, Gas & Energy Exhibition and Infrastructure Libya will address Libya's immediate priorities in terms of technological needs for the country's current and future development plans and has an all embracing exhibit profile, including plant and machinery, systems, materials, products, technology, consultancy services and management expertise for the expansion, upgrading and modernization of Libya's prime sectors, including:

• Power and Electricity: Power generation, transmission and distribution
• Oil and Gas: Exploration and production, pipelines and terminals
• LNG Refining and Petrochemicals: Upgrading and expansion of refineries and petrochemical plants

The developments in these three key elements of Libya's energy sector will present international exporters with significant opportunities as Libya looks to overseas joint venture partners to provide not only capital investment but also the transfer of technology and improvement of management and marketing techniques.

U.S. - Libya Oil, Gas and Energy Exhibition and Seminar will be the First Official Event Endorsed by Both DOC and NOC
The U.S. Department of Commerce has granted Trade Fair Certification for this first official exhibition in Libya and for a U.S. Pavilion at the Infrastructure Libya Exhibition. The Department has stated it believes the exhibitions will be an excellent opportunity for U.S. companies to showcase their products and services. This is endorsed by the coordinator of the US exhibits, Peter W. Nathan, President of PWN Exhibicon International who has said: "The U.S.-Libya Oil, Gas and Energy Exhibition provides the ideal forum for U.S. companies seeking to support Libya's energy infrastructure and economic development program. We are impressed by the high level of official support that has been attracted from the Libyan authorities which will certainly contribute to the success of the exhibitions and conference."

Energy: the Key to Libya's Economic Progress
Libya recognizes that to achieve its ambitious infrastructure and economic development plans, its energy sector has a crucial role to play. Oil and gas production is vital for Libya's electrical power generation and feedstock for its downstream refining and petrochemical industries. The energy sector in general is set to see a very significant investment aimed at increasing output to keep up with growing demand.

Oil & Gas
With its reserves of 39 billion barrels of proven crude oil (OPEC figures) Libya has the largest reserve base in Africa (42%) and 3% of world reserves. Libya aims to boost oil production from today's 1.6 million b/d to 2 million b/d by 2008/10 and 3 million b/d by 2015, which is estimated to require an investment of around US $30 billion.

Refining & Petrochemicals
Libya is aiming to upgrade and expand all its refineries, which serve both the domestic and export markets, and NOC estimates that a total investment of around US $3.5 billion will be needed over the next 5-8 years. NOC has also identified US $800 million of investment needed for the development of a petrochemical plant to produce polypropylene, butadiene, benzene and high- and low-density polyethylene.

Electrical Power Generation & Distribution
With Libya's power demand growing rapidly (around 6%-8% annually) and expected to reach 5.8GW in 2010, its current electric power production capacity of 4.7GW falls far short of requirement. To meet this shortfall the General Electricity Company (GECOL) has plans to spend US$3.5 billion over the next four years building eight new combined cycle and steam cycle power plants. As well as increasing generation capacity, GECOL also has a US$1 billion program to upgrade and expand the country's power transmission
grid.

Travel, Accommodations & Visas
Over 20 international airlines connecting Tripoli to Europe, North Africa and the Middle East as well as internally within Libya. European carriers include Alitalia, Austrian Airlines, British Airways, KLM and Lufthansa. Middle East carriers include Emirates and Qatar Airways. Tripoli International Airport is hub for Afriqiyah Airways and Libyan Arab Airlines. Full details on discounted package for travel and hotel accommodations along with details for visa invitations will be sent to exhibitors.