The The Petroleum Facilities Guard of Libya have strengthened security in the vicinity of the Mellitah oil and gas complex, the only hub for the export of Libyan gas to Italy through the Greenstream gas pipeline, coinciding with the protests that threaten its closure, reports Italian news agency Nova.
Browsing: Oil & Gas
The Libyan National Oil Corporation’s Chairman, Farhat Bengdara, and the Algerian state Sonatrach Company’s General Director, Rachid Hachichi, signed today annexes to extend the Exploration Production Sharing Agreement (EPSA) agreements for Area 95/96 and Area 65, to compensate Sonatrach for the suspension period due to the force majeure situation, according to the Government of National Unity (GNU).
Eni confirms its support for the development of the gas production sector in Libya over the next four years.
Libya’s state National Oil Corporation (NOC) revealed today that Libya’s total exports of crude oil during 2023 exceeded 432 million barrels, or an average of 1.184 million barrels per day.
Protesters have threatened to shut down two oil and gas facilities near the Libyan capital Tripoli, with one group that is campaigning against corruption issuing a 72-hour ultimatum that ends on Friday.
The chairman of Libya’s National Oil Corporation (NOC), Farhat Bengdara, called upon executives of the Waha Oil Company to complete…
Oil steadied on Wednesday, giving up most of its earlier gains, as Middle East supply concerns arising from the Israel-Hamas war and the shutdown of a top Libyan oilfield balanced rising U.S. output and worries about weak economic growth, according to Reuters.
Chairman of Libya’s National Oil Corporation (NOC), Farhat Ben Qaddara, met in Benghazi today with community representatives from the country’s southern region of Fezzan.
Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses.
Prime Minister Abdul Hamid Dbeibeh declared on Monday that Libya’s Fuel subsidy system is “a drain on the state budget”, according to a statement by his media office.