Al Zweitina Gas Station Up and Running.

The National Oil Company has announced that Al Zweitina gas station has gone maintenance work and will be up and running this week. The plant which remained...

Libya tripled oil revenue in 2017 as production recovers

LIBYA’S oil revenues nearly tripled in 2017 to $14 billion as the country managed last year to gradually recover its oil production, reaching 1...

NOC wins Arbitration on Ras Lanuf Refinery

National Oil Corporation is pleased to announce the successful conclusion of arbitration brought against NOC in front of ICC Court in Paris by Trasta...

Oil Revenues Triple in 2017; Budget Deficit Halved

The Central Bank of Libya (CBL) says that Libya’s revenue for 2017 reached LYD 22.31 billion ($16.5 billion). This was made up of: oil exports of LYD...

Tender for Electrical Substation

Libya - Electrical substation The development programme has issued a tender to refurbish an electrical substation. You should be able to: - supply and install a packaged...

$31bn Budget for 2018

The public budget in Libya for 2018 has been set at around 42.5 billion Libyan dinar ($31 billion dollars at official bank rates). Oil revenue...

Oil prices hit fresh highs, but worries grow of overheated market

Crude oil prices hit new multi-year highs on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned...

Brega Petroleum Marketing Company efforts made to provide oil derivatives

The General Assembly Meeting of Brega Petroleum Marketing Company was held on Wednesday 27/12/2017 chaired by Eng. Mustafa Sanalla Chairman of the General Assembly...

Libya Oil Prices (10/01/ 2018)

Type (Price (US Dolar  Brent 69.115 Dubai 65.130 Urals 68.090 WIT 63.810   OPEC basket 8/1/2018 65.850 10/1/ 2018

NOC wins arbitration case and calls for the restart of Ras...

National Oil Corporation is pleased to announce the successful conclusion of arbitration brought against NOC in front of ICC Court in Paris by Trasta...