

Agriculture
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Lifeco
Established in February 2009, the Libyan Fertilizer Company is the only producer of mineral fertilizer in Libya. The company was established as a partnership between Libyan industry between NOC & LIA at NOC’s long existing fertilizer complex at Marsa el Brega. Lifeco is a joint venture between Libya’s National Oil Corporation (NOC – 75% Shares) and the Libyan Investment Authority (LIA – 25% Shares)
Lifeco will benefit from NOC`s technological and operational know-how, including its worldwide standards for safe and efficient plant operation and maintenance. Key Lifeco staff will participate in NOC Technical Network, in order for Lifeco to benefit from this knowledge pool and to offer international development opportunities to Lifeco general staff.
Libya’s fertilizer industry has been developed based on the country’s energy resources. The establishment of the LIFECO and its integration with NOC`s network brings the industry into the global fertilizer industry and market, opening for production growth and market expansion.