The German ambassador to Libya, Michael Ohnmacht, held talks with various Libyan parties on cooperation in the fields of energy from renewable sources, on strengthening the sewerage system and Libyan municipalities.
Browsing: Business
The National Oil Corporation (Noc), the Libyan state energy company, declared that crude oil production has reached 1,210,000 barrels per day, while condensate production has reached 52,000 barrels per day in the last 24 hours.
Deputy Chairman of the Presidential Council, Moussa Al-Koni, met with the Minister of Oil and Gas of the Government of National Unity, Mohamed Aoun, to discuss the situation of sector and the possibility of creating an oil refinery in the south of the country to contribute to the supply of fuel and the development of the southern region.
The governor of the Central Bank of Libya, Al Saddiq al Kabir, met on Wednesday in Tripoli with the members of the Finance Commission of the House of Representatives to coordinate efforts aimed at controlling public spending, as well as “ensuring the achievement of financial stability and sustainability,” according to a statement by the central bank.
The Libyan capital of Tripoli will host the Energy and Economic Summit, an energy investment event, scheduled for November 8-9.
Libya’s National Oil Corporation (NOC) and Norway’s Equinor signed on Tuesday a memorandum of understanding with the Norwegian company Equinor, which aims to “study and evaluate the oil and gas potential in the Libyan maritime region,” according to a statement by NOC.
Libya is set to increase its oil production to two million barrels a day, according to its government.
The House of Representatives’ Committee for Planning, Finance and State Budget held a meeting in Tripoli yesterday with the Financial Information Unit of the Central Bank of Libya to discuss two legislative bills on money laundering and terrorism financing.
Libya and Italy have agreed to unify their trade and commercial strategies within three months.
The governor of the Central Bank of Libya (CBL), Al Siddiq al Kabir, and the French ambassador to Tripoli, Mustafa Maharaj, discussed today efforts to unify the banking sector in the country.