No Result
View All Result
Monday, March 27, 2023
20 °c
Tripoli
17 ° Tue
17 ° Wed
17 ° Thu
20 ° Fri
  • 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

Oil Minister Aoun denies barring two UK companies from investing in oil sector

byIbrahim Senusi
February 14, 2023
Reading Time: 1 min read
A A
Libya and Shell discuss several areas of cooperation
110
SHARES
387
VIEWS
Share on FacebookShare on Twitter

Mohamed Aoun, the Minister of Oil and Gas in the Tripoli-based government of Abd Alhamid Aldabaiba, denied circulating news of his ministry’s approval or prevention of two British companies from investing in an oil project in Libya. The denial came in a call to Libya Herald, through the ministry’s media advisor.

The two companies were named in Libyan media as the Oil and Gas Systems Limited Company and the Oil and Gas Services Company Limited.

The oil minister stressed that he is not aware that there are companies from Britain or other countries that have been prevented for years from working in Libya because they did not obtain the approval of the Privatization and Investment Board (PIB).

He said this matter (permission for foreign companies to invest in Libya) relates to the PIB itself and has nothing to do with the Ministry of Oil in its terms of reference. Aoun added that the Ministry of Oil operates according to the Libyan Oil Law, which specifies it has terms of reference and mechanisms for dealing with others at home and abroad.

Minister Aoun pointed out that the Ministry of Oil works with full transparency and expresses its opinion publicly on matters related to the oil sector. He said all the news of the ministry is published on its website and platforms, and journalists can communicate directly with its information office, so there is no need to leak news. This is especially so if the name and role of those who leaked the news to the press are not mentioned.

RELATED POSTS

Forum discusses establishment of Zawia investment port and free zone

Cautious stability encouraging foreign companies to operate inside Libya: Economy Ministry

Tags: Oil Minister Mohamed Aoun GNUPIB Privatization and Investment Board
Share57Tweet22Share6

Related Posts

Benghazi Coding Academy preparing to open to provide youth with digital skills
Business

Benghazi Coding Academy preparing to open to provide youth with digital skills

March 27, 2023
Misrata Free Zone prepares 565 hectares for use by investors for their projects
Business

Misrata Free Zone prepares 565 hectares for use by investors for their projects

March 26, 2023
Libyan Air Ambulance Service contracts to buy three new Bell helicopters
Business

Libyan Air Ambulance Service contracts to buy three new Bell helicopters

March 26, 2023
Tripoli Chamber invites investment proposals for its buildings
Business

Tripoli Chamber of Commerce to lead delegation to Brazil’s APAS food show

March 26, 2023
Libyan eastern government to build 300k bpd Tobruk refinery with foreign investors on BOT basis
Business

Benghazi Chamber of Commerce to lead delegation to Houston OTC

March 26, 2023
Tripoli Chamber invites investment proposals for its buildings
Business

Tripoli Chamber of Commerce and AmCham Libya to lead a delegation to Houston OTC

March 26, 2023
Next Post
Commercial Registry and General Information Authority receive UNCTAD training on digital transformation

Commercial Registry and General Information Authority receive UNCTAD training on digital transformation

Italy’s Aeneas starts work, Tripoli International Airport will be ready within 15 months

Italy's Aeneas starts work, Tripoli International Airport will be ready within 15 months

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Big Chefs Turkish restaurant chain opens its first branch in Tripoli – the first in Libya and Africa

    Big Chefs Turkish restaurant chain opens its first branch in Tripoli – the first in Libya and Africa

    278 shares
    Share 114 Tweet 68
  • Libya generates 8,200 MW of electricity for the first time ever: GECOL

    156 shares
    Share 63 Tweet 39
  • Libya discusses the reopening of airspace to its carriers with Italy’s ambassador

    95 shares
    Share 39 Tweet 24
  • Railroads Libya visits sites to follow up on damage and loss of equipment

    68 shares
    Share 27 Tweet 17
  • HoR elects six members of the 6+6 joint committee to draft election rules

    65 shares
    Share 26 Tweet 16
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

Benghazi Coding Academy preparing to open to provide youth with digital skills

Misrata Free Zone prepares 565 hectares for use by investors for their projects

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.

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

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow 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
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?