No Result
View All Result
Friday, December 12, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

GPS truck tracking to be used to counter fuel smuggling, profiteering by fuel distributors will be penalized

bySami Zaptia
April 20, 2021
Reading Time: 2 mins read
A A

By Sami Zaptia.

The Ministry of Economy is reviewing fuel distribution and fighting corruption (file photo).

London, 20 April 2021:

The possibility of using GPS tracking systems to monitor fuel tankers in coordination with distribution companies in the context of combating smuggling and corruption, is being considered by Libya’s Economy Ministry. Profiteering by fuel distributors will also be penalized.

The revelation came after a meeting headed by the Minister of Economy and Trade Mohamed Hwej was held to discuss the mechanism for distributing fuel to the petrol stations and the problems fuel distribution companies face in performing their work.

The Ministry reported that the meeting, held on Sunday at its Tripoli headquarters, came within the framework of coordination and cooperation with the Ministry of Oil and Gas and included the Chairman of Brega Oil Marketing Company and the presence of fuel distribution companies and several consultants and directors.

RELATED POSTS

Top Brega Oil Marketing Co. official detained in connection with smuggling of 22 million litres of subsidised diesel

Closing ceremony for Skills and Solutions Hackathon project held at University of Tripoli yesterday

The meeting discussed the fuel distribution mechanism used by Brega Company to the distribution companies and from there to petrol stations in all regions, in light of the obstacles they face in performing their work.

It also discussed the proposals that contribute to solving them to ensure the continuity of petrol stations’ work throughout the day in addition to the problems and difficulties that companies face with the Ministry of Economy, Trade and Commercial Registry, and ways to deal with it, were discussed.

Relationship between distributor Brega and petrol station companies to be reviewed

The Economy Minister stressed the need to establish a clear mechanism between the Brega Company and the distribution companies that regulates the process of supplying fuel to the petrol stations and providing it to the citizen easily and smoothly. He indicated that the Ministry will consider the regulations and legislation governing the relationship of the Brega Company with the distribution companies and will proceed to study the required quantities of fuel and the actual needs of the stations and their capacity.

A technical team that includes all the competent authorities would study the possibility of using the GPS tracking system to monitor fuel tankers in coordination with the distribution companies in the context of combating smuggling and corruption. The team will also undertake the process of organizing the granting of licenses in municipalities with regard to oil and gas activities and reviewing the profits of the Brega Oil Marketing Company and fuel distribution companies. The Ministry stressed that the Ministry will take all measures against violating companies, in cooperation with the relevant authorities.

Tags: BPMC Brega Petroleum Marketing Companyeconomy minister Mohamed Hwej GNUfeaturedFuel distribution petrol stationsfuel smuggling

Related Posts

CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Business

Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

December 11, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Tripoli government meets World Bank delegation – government’s vision for economic and financial recovery and improving Libya’s “Business Readiness” index discussed

December 11, 2025
PowerElec 2025 will be held from 8-11 December at Tripoli International Fairgrounds
Business

PowerElec 2025 dialogue session makes recommendations to progress the renewables sector

December 11, 2025
Transport Ministry meets Japanese company North Star interested in investing in Libya
Business

Libyan Turkish Joint Committee holds virtual meeting, discusses stalled projects and debts

December 11, 2025
Workshop on performance efficiency and quality assurance in the contracting sector
Business

Libya’s General Union of Chambers of Commerce signs MoU with its Serbian counterpart

December 11, 2025
NOC announces force majeure at Zawia port
Business

BP celebrates the reopening of its Tripoli office: NOC

December 10, 2025
Next Post

Audit Bureau to review contracting procedures of controversial ECTN

Twenty-three Tripoli militia dens now vacated as part of Security Plan

Twenty-three Tripoli militia dens now vacated as part of Security Plan

libyaherald-Ads

Top Stories

  • NOC announces force majeure at Zawia port

    BP celebrates the reopening of its Tripoli office: NOC

    0 shares
    Share 0 Tweet 0
  • CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December

    0 shares
    Share 0 Tweet 0
  • Housing and Construction Ministry discusses partnership with China’s CSCEC for infrastructure and housing projects

    0 shares
    Share 0 Tweet 0
  • Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member

    0 shares
    Share 0 Tweet 0
  • Latest CBL stats to November 2025 show significant growth in Libya’s electronic banking sector

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

Tripoli government meets World Bank delegation – government’s vision for economic and financial recovery and improving Libya’s “Business Readiness” index discussed

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.