The Presidential Council held today the first meeting of the High Financial Oversight Committee in Sirte to determine the aspects of public spending and prepare the financial provisions.
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The production of crude oil in Libya in June 2023 was 35.486 million barrels, while that of petroleum products was 515 thousand tons, announced Libya’s National Oil Corporation (NOC) in a press release.
The Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, announced that the Canadian firm has resumed work in the Nafoura oil field.
Production at Libya’s Sharara and El Feel oilfields has resumed, days after being shut due to protests.
The United Kingdom has invited Libyan leaders to find a compromise for a fair distribution of public resources, expressing appreciation for the invitation of the Presidential Council to national institutions to discuss this matter.
Siddiq Al-Kabeer, Governor of the Central Bank of Libya, held talks yesterday with German Ambassador Michael Ohnmacht over public spending oversight, including the latest decision by the Libyan Presidential Council to establish a High Financial Oversight Committee.
Libya has recovered the right to vote within the Food and Agriculture Organization (FAO) by participating in the selection of the new director general of the organization, after absence for years, announced the Libyan government on Sunday.
Seventy deputies of the Libyan House of Representatives announced that the statements of US special envoy and ambassador Richard Norland are based on false data.
Spanish ambassador to Libya,Javier García-Larrache, said Sunday that a big number of Spanish companies came to Libya to discuss their return to work in the North African country.
Central Bank of Libya (CBL) in Tripoli failed to account for the delivery of US$4.8 billion worth of local dinar banknotes from a British printing company, according to a leaked financial review, raising questions about where the money went.