The Libyan outgoing Prime Minister Abdul Hamid Dbeibeh said that he does not care about the opinion of the countries that opposed the signing of the hydrocarbons agreement with Turkey, pointing out that he is primarily interested in making the Libyan people understand the reality of what he is doing.
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Oil prices stabilized near a three-week high Thursday after OPEC+ agreed to reduce global crude supplies by reducing production by about two million barrels per day, in the largest reduction since 2020.
Speaker of the Libyan House of Representatives (HoR), Aguila Saleh, sent an official letter to the UN Secretary-General, Antonio Guterres, regarding the invalidity of any memorandums of understanding concluded by the Government of National Unity (GNU) headed by Abdel Hamid Dbeibeh, noting that they have no legal effect and do not bind the Libyan state.
OPEC production rose last month after a recovery in crisis-torn Libya and a symbolic increase pledged by other members.
The Libyan government led by Fathi Bashagha affirmed its strong rejection of signing two memoranda of understanding on energy with Turkey by the Government of National Unity (GNU) led by Abdul Hamid Dbeibeh.
The foreign ministers of Greece and Egypt has challenged the legitimacy of the Libyan outgoing government led by Abdul Hamid Dbeibeh on signing energy memoranda of understanding with Turkey.
Libya’s oil revenues, from the beginning of 2022 until now, have reached 77.17 billion Libyan dinars (15.2 billion U.S. dollars), announced the Tripoli-based Ministry of Finance.
The Mellitah Oil and Gas Company, a joint venture of Italy’s Eni and Libya’s National Oil Corporation, has completed maintenance work on two oil wells in the Al Remal and Abu Tifl.
Angola and Libya overtook Nigeria as Africa’s largest crude oil producers, according to the Organization of the Petroleum Exporting Countries (OPEC).
Members of the Oil Facilities Guards in Libya have threatened to close three oil ports if their salaries are not increased, according to a report by the Libyan Al-Wasat news website.