Eni continues oil and gas initiative in Libya

August 2019 - Eni has long history in North Africa's oil and gas exploration. The meeting was also attended by the chairman of the National Oil Corporation (NOC) Mustafa Sanalla.Claudio Descalzi assured Sarraj the full commitment of the company to its operational...

LISCO exports steel shipment to Lebanon

August 2019 - Libya’s Misrata-based state-owned Iron and Steel Company (LISCO) announced yesterday that it has exported 5,000 tons of reinforced steel of different sizes to Lebanon.It said that it was in the process of making other exports both to other Arab countries...

NOC and Eni complete Phase 2 of Bahr Essalam gas project

August 2019 - Parties to expedite domestic gas supply and in-country renewable energy projectsNational Oil Corporation (NOC) and Italian oil major Eni announce the completion of Phase 2 of the Bahr Essalam offshore gas project, a joint venture between the two...

Head of Audit Bureau vows to solve US firms’ problems in Libya

July 2019 - The Head of the Libyan Audit Bureau Ahmed Shakshak met with the members of the American Libyan Work Committee at the Libyan embassy in Washington in the presence of ambassador Wafaa Bugagais and a representative for the US State Department.The meeting...

Libya’s oil industry turns to China for help

July 2019 - Libya [National Oil Corporation] NOC representatives traveled to China to discuss China’s interest in helping to restore Libya’s oil industry that has suffered through years of civil unrest, according to the Libya Observer.While there, the Libyan...

NOC and Schlumberger to establish Benghazi training centre

July 2019 - Libya’s state National Oil Corporation (NOC) announced on Tuesday that as part of its focus on upskilling the next generation of oil sector workers, it has signed a Memorandum of Understanding on Monday, July 15, 2019, with “the world’s leading oilfield...

EBRD welcomes Libya as latest shareholder

July 2019 -  Libya joins EBRD as 71st shareholderMembership request approved by Bank’s Board of GovernorsLibya is within southern and eastern Mediterranean regionLibya has joined the EBRD as its latest shareholder with a view to becoming a country where the Bank...

Libya’s oil revenues up on projections to LD 14 billion

July 2019 - Lbya’s oil revenues were up on projections by LD 1.148 bn to LD 14.348 bn for the period 1/1/2019 to 30/6/2019, the Tripoli based Central Bank of Libya (CBL) reported in its latest bulletin.Oil revenues contributed 92.8 percent of the state budget –...

First batch of public transport buses shipped from China

July 2019 - The first batch of 37 public transport buses ordered by Libya have been manufactured and are being shipped from China.Libya media reports say that operator, Essahim Company for Public Transport, is expected to announce shortly the first routes for the new...

Eastern Libya, U.S. firm close to signing Libya port deal

  July 2019 - TUNIS/BENGHAZI, Libya (Reuters) - Eastern Libyan authorities and U.S. security firm Guidry Group plan to finalize an agreement to develop a major port in the east of the troubled oil producer, both sides said.Talks have been going on for about a year to...

Libya’s May Oil Revenue at US$ 2.3bn – up 24 percent

London, 27 June 2019: Libya’s National Oil Corporation (NOC) reported today that it recorded an income of US$ 2.3 billion from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts for the month of May.The...

Libya’s Oil Production Could Double Within 5 Years

Oilprice.com, June 2019. - Despite frequent oil field outages and now an open conflict between the UN-recognized government and the eastern-affiliated LNA, Libya’s oil production could double to 2 million bpd by 2023, IHS Markit analyst Fotios Katsoulas wrote in a...

NOC opens office in Houston.

Libya’s National Oil Corporation opens office in Houston. Houston will serve as a vital procurement and engineering hub for `NOC to tap into the best expertise and technology in the market, Sanallah said. (Libyan Express May 2019) The new office has been mandated to...

Libyan Budget Released

Libya Approves $34 Billion Budget for 2019 Following Months of Conflict. The Libyan government, backed by the United Nations, said on Monday it had agreed with the central bank on a budget of 201.8 billion dinars ($33.83 billion) for months. The "financial...

Investment in Libya

Libya Cement Company issues EPC tenders, part of €200 m investment to increase production by 50 percent. (By Sami Zaptia) The LCC has announced firm plans for a major investment program which will see around € 200 million spent in expanding its production capacity...

GECOL Restarts Khoms

GECOL reconnects two units of Khoms gas station to power grid. (June 2019) Director of the Information Department of the General Electricity Company of Libya (GECOL), Mohamed Al-Takouri said that two units of Khoms gas station have entered the power grid with a total...

China Plan $5 Billion investment

Libya gets lion’s share of China investments in Africa. (October 2018) The head of the Federation of Libyan Chamber of Commerce and Industry, Mohammed Al-Raeid, said that China has allocated 5 billion dollars out of $ 20 billion of its investments in Africa to...

You’ve got to be joking me the PC is criticising the U.N. for poor performance! People who live in glass houses springs to mind!

PC criticizes UN mission performance in Libya | The Libya Observer https://t.co/D3Kg0K23Uo

Fingers crossed then... again!

US will support Libyans to reach a political solution, ambassador says | The Libya Observer https://t.co/2veafHpbMp

An interesting summary of the present conflict if missing some of the salient facts and historic content.

When the Sun Sets in Libya, Two U.S. Allies Get Down to War - BNN Bloomberg https://t.co/lhRNNaugfs

If Libya and its populous reached its full commercial potential it would prob be the richest country in Africa with all the trappings that that delivers! If only..

Libya’s State Oil Corporation Seeks 67% Pay Rise In Energy Sector | https://t.co/MmHWwytnBg https://t.co/Lhp5DYbl4h

To Libyan youth, it just goes to show that militias & gangs are not the only way, you are a talented & driven
element of Libyan society, follow your dreams, the future is yours! Well done Ahmed

Ittihad of Alexandria sign Libyan defender Ahmed Shalaby https://t.co/FjvHqGKsrQ

So that’s who Serraj was buying chocolates for in London!

KUNA : His Highness Amir receives congratulatory cable from Libya GNA Chairman - diwan - 21/08/2019 https://t.co/BmM9KpYib7

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