The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, met with the Executive Director of the International French Companies Movement Foundation and discussed cooperation with French companies to contribute to supporting the National Oil Corporation and the General Electricity Company in Libya.
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The Libyan-Italian Chamber of Commerce reported yesterday that it had held meetings, led by its chairman Anwar Abu Sitta, with the Milan and Brescia Chambers of Commerce in Italy. Abu Sitta was accompanied by a group of businessmen affiliated with the Chamber.
Members of Benghazi Chamber of Commerce will be participating in this year’s Offshore Technology Conference (OTC 2024) in Houston, Texas, USA being held from 9 to 6 May.
Libya’s National Oil Corporation (NOC) has confirmed plans to launch a licensing round at the end of 2024 or early-2025, as well as initial interest received in the country’s marginal assets.
Libya’s House of Representatives and High Council of State took note of the Central Bank’s warning against excessive spending by the Government of National Unity, calling for an investigation into the expenditures of the Tripoli-based government.
The Governor of the Central Bank of Libya, Saddek Elkaber, has called on Prime Minister Abdul Hamid Dbeibeh, to limit spending, which he claimed to have expanded without regulations.
Trade between Morocco, Libya, Tunisia, and Spain is set to receive a boost from a new maritime trade route that is slated to open in March.
Oil fields in western Libya and Greenstream, a natural gas link to Italy, resumed after a short halt as Petroleum Facilities Guard withdrew from the facilities following assurances from the Government of National Unity that their demands would be met, Bloomberg reports.
The Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman, held a meeting in Tripoli today with the Head of the Petroleum Facilities Guard, Brigadier General Abdul Razzaq Al-Khurmani.
Oil and Gas Minister Muhammad Aoun defended Libya’s energy partnerships with European and American companies while speaking at the Gas…