Resuming operations at the Gas Plant in Abu Attifel Field
The Gas Plant at Abu-Attifel Field returned to work normally on 27 December 2017 after the completion of the maintenance.
Thanks to the extraordinary efforts...
Libyan oil output drops by over 70.000 bpd as gunmen blow...
A group of gunmen have blasted a pipeline pumping crude oil to Al-Sider port on Tuesday, cutting Libya’s oil production by up to 100,000...
EU donates €10.9 million for healthcare package
The EU is to give €10.9 million towards healthcare in Libya to enable people to have better access to treatment.
The new programme will focus...
Floating Libyan dinar not on the table amid current political division,...
The floating of the Libyan national currency – dinar – is not going to be possible without uniting the Libyan banking institution, a high-ranking...
The European Union adopts new assistance programme to improve health services...
The Commission adopted a new €10.9 million health programme which will support Libyan people to get better access to healthcare.
The EU-funded action will directly...
Hyundai to complete Power Plant in Tripoli
South Korea’s Hyundai has reportedly announced it will return to Libya early next year to complete the suspended Tripoli West Power Plant project.
Sources at the Libyan...
Siemens in 700m EUR Power Deal
Germany’s Siemens has signed contracts with the state-owned utility General Electricity Company of Libya (GECOL) to expand Libya’s power generation capacity by approximately 1.3 gigawatts (GW).
Under these contracts...
Libya Discusses Boosting Oil Output Amid OPEC Cuts
Libya is seeking ways to boost its oil output in defiance of a recently reached agreement with OPEC and Russia to cut production, citing...
Libyan political, oil and bank heads discuss funds to lift crude...
The head of Libya’s U.N.-backed government held a rare meeting on Saturday with the head of the National Oil Corporation (NOC) and the governor...
Libya limits oil production in line with OPEC deal
The Organization of Petroleum Exporting Countries (OPEC) has reached an agreement last week with Libya to set limits on its oil production .
The surprising...