Libya
NOC lifts force majeure on El-Feel oilfield

NOC lifts force majeure on El-Feel oilfield

By Sami Zaptia.                                London, 16 July 2018: Libya’s National Oil Corporation (NOC) lifted…

Sharara oilfield armed attack leads to 160,000-barrel per day production loss: NOC

Sharara oilfield armed attack leads to 160,000-barrel per day production loss: NOC

By Sami Zaptia.                                  London, 15 July 2018: Libya’s National Oil Corporation (NOC)…

CBL latest financial statement shows increased oil revenues for first half of 2018

CBL latest financial statement shows increased oil revenues for first half of 2018

By Sami Zaptia.                                         London, 15 July 2018: The latest financial figures released by the Tripoli-based Central Bank of Libya (CBL) for the period 1/1/2018 to 30/6/2018 reveal…

NOC lifts force majeure on oil ports

NOC lifts force majeure on oil ports

By Sami Zaptia.                                         Lugano, 11 July 2018: Libya’s National Oil Corporation (NOC) has announced the lifting of force majeure in the ports of Ras Lanuf, Es Sider,…

CBL to continue with agreed economic reforms

CBL to continue with agreed economic reforms

By Sami Zaptia. London, 9 July 2018: The Tripoli Central Bank of Libya said that despite the recent ‘‘financial developments and circumstances’’ that the country was going through,…

Agreed 2,000 megawatt electricity projects on hold due to financing problem

Agreed 2,000 megawatt electricity projects on hold due to financing problem

By Sami Zaptia. London, 6 July 2018: Contracted electricity projects approved in December generating 2,000 megawatts of power are on hold due to the inability to organize funding,…

Serraj confirms and condemns Tripoli attack on PC member Majbari

Serraj confirms and condemns Tripoli attack on PC member Majbari

By Sami Zaptia. London, 6 July 2018: Nearly a week after the unconfirmed report of an attack on the house of Presidency Council (PC) Deputy Fathi al-Majbari, PC…

Oil export stoppage harming economy and Paris consensus: Sallak

Oil export stoppage harming economy and Paris consensus: Sallak

By Sami Zaptia. London, 6 July 2018: Faiez Serraj, head of Libya’s Presidential Council, has ‘‘warned of the negative repercussions of the oil export stoppage’’, his official personal…

Serraj PC to allocate LD 30 million to flour mills to resolve bread shortage

Serraj PC to allocate LD 30 million to flour mills to resolve bread shortage

By Sami Zaptia. London, 6 July 2018: Presidency Council head Faiez Serraj announced at yesterday’s Cabinet meeting that he was urgently allocating LD 30 million to the state-owned…

Tunis Air to resume Tripoli flights at the end of this month

Tunis Air to resume Tripoli flights at the end of this month

By Sami Zaptia. London, 3 July 2018: Tunis Air is to resume its flights to Tripoli at the end of this month. The announcement was made by Tunisia’s…

UN appoints former US Tripoli embassy Chargé d’Affaires Williams as UNSMIL Deputy Special Representative

UN appoints former US Tripoli embassy Chargé d’Affaires Williams as UNSMIL Deputy Special Representative

By Sami Zaptia. London, 3 July 2018: The United Nations Secretary-General António Guterres announced yesterday the appointment of Stephanie T. Williams of the United States of America as…

NOC announces force majeure at Hariga and Zuetina oil terminals

NOC announces force majeure at Hariga and Zuetina oil terminals

By Sami Zaptia. London, 2 July 2018: Libya’s National Oil Corporation (NOC) has declared force majeure on crude oil loadings at Hariga and Zuetina oil terminals today. ‘‘This…

HoR continues debate on constitution referendum bill

HoR continues debate on constitution referendum bill

By Sami Zaptia. London, 2 July 2018: The House of Representatives (HoR) continued its official meeting at its headquarters in Tobruk last week, to complete the discussion of…

LNA warns against presence of foreign troops in southern Libya

LNA warns against presence of foreign troops in southern Libya

By Sami Zaptia. London, 29 June 2018: The Khalifa Hafter-led Libyan National Army (LNA) has warned against the presence of any foreign forces in the south of Libya.…

International community oppose oil exports by eastern-based NOC

International community oppose oil exports by eastern-based NOC

By Sami Zaptia. London, 29 June 2018: The international community declared their opposition to the move by Khalifa Hafter and his LNA forces to handover the control of…

Business

LIA renews MEDCO Energy oil exploration agreement

LIA renews MEDCO Energy oil exploration agreement

By Sami Zaptia. London, 12 June 2018: The Libyan Investment Authority (LIA) has announced that,…

AGOCO to raise oil production up to 220,000 by next Friday

AGOCO to raise oil production up to 220,000 by next Friday

By Sami Zaptia. London, 24 May 2018: Libya’s Arabian Gulf Oil Company (AGOCO) announced today…

CBL warns that dealing in virtual currencies such as Bitcoin are illegal in Libya

CBL warns that dealing in virtual currencies such as Bitcoin are illegal in Libya

By Sami Zaptia. London, 17 May 2018: The Tripoli-based Central Bank of Libya (CBL) has…

NOC completes maintenance work on Baher-Essalam / Sabratha offshore gasfield

NOC completes maintenance work on Baher-Essalam / Sabratha offshore gasfield

By Sami Zaptia. London, 14 May 2018: The second phase of the processing and linkage…

CBL meets World Bank team in Tunis to discuss reform of the Libyan financial sector

CBL meets World Bank team in Tunis to discuss reform of the Libyan financial sector

By Sami Zaptia. London, 12 May 2018: The Tripoli-based Central Bank of Libya (CBL) reports…

Libyan-Tunisian trade set to increase in 2018 : General Union of Libyan Chambers

Libyan-Tunisian trade set to increase in 2018 : General Union of Libyan Chambers

By Sami Zaptia. London, 10 May 2018: The head of the General Union of Libyan…

NOC holds launch event for Benghazi oil conference in October

NOC holds launch event for Benghazi oil conference in October

By Sami Zaptia. London, 2 May 2018: The National Oil Corporation (NOC) held an official…

NOC says it is yet to approve Total purchase of Marathon’s share in Waha concession

NOC says it is yet to approve Total purchase of Marathon’s share in Waha concession

By Sami Zaptia. London, 24 April 2018: Libya’s National Oil Corporation (NOC) has stated that…

The Italian-Libyan Business Development Association is launched in Tripoli

The Italian-Libyan Business Development Association is launched in Tripoli

By Sami Zaptia. London, 22 April 2018: The Italian-Libyan Business Development Association was launched at…

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