Ministry of Oil and Gas, NOC review challenges facing oil sector.
The Acting Minister of Oil and Gas Ali Al-Abed on Tuesday reviewed with the head of the National Oil Corporation (NOC) Mustafa Sanalla the...
Libya’s Central Bank launches unification process.
The Central Bank of Libya (CBL) announced Thursday the launching of the unification process in the presence of Governor Al-Siddiq Al-Kabir and his Deputy,...
Ministry of Economy launches platform to business, trade and investment.
The Private Sector Development and Investment Department at the Ministry of Economy launched a procedures platform in partnership with the General Information Authority and...
Zueitina Oil Company to resume production at Al-Hakim oil field.
Zueitina Oil Company announced its preparations to resume production in the Al-Hakim oil field during the current year 2022, after its success in resuming...
Ministry of Economy calls for subsidizing three basic commodities.
The Ministry of Economy has proposed partial governmental support this year for three primary commodities, in which prices saw a significant increase lately.
Director of...
The National Oil Corporation achieves $4,321,675,360.58 in net revenues for the...
The National Oil Corporation (NOC) announces that the net revenues for the months of November and December of the year 2021, for sales of...
Libya Industries Fair to be held in Misrata from 5 to...
The Misrata Chamber of Commerce announced today that the Libya Industries Fair will be held at the city’s International Fair from 5 to 8...
Sharara Oilfield Production Hits 190.000 bpd.
Akakus oil operations company said oil production at Sharara oilfield had reached 190.000 barrels per day (bpd), adding that operation work was ongoing for...
Libyan-Tunisian-Algerian conference for digital transformation creates new investment opportunities.
The head of the Libyan-Tunisian-Algerian Conference for Digital and Free Economy Transformation in Africa, Yassin Abusriwill, has confirmed that Tunisia will host a conference...
Libya’s revenues over 105 billion LYD in 2021.
Libya's oil and sovereign revenues totaled 105.7 billion dinars in 2021, the Central Bank of Libya (CBL) says.
The total expenditure came to 86.1 billion...