“If the budget is not approved, there will be an impact and perhaps great difficulties in maintaining oil production rates,” Libya’s oil minister warned on Monday.
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Deputy Oil Minister Rifaat Al-Abbar said on Monday that he was unaware that his ministry made a request to the Government of National Unity to form a new board of directors for the National Oil Corporation (NOC), a decision which he rejects.
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The National Oil Corporation (NOC) will help the western city of Bani Walid in providing medical need, including oxygen supplies, the NOC announced on Sunday.
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Libyan Economy Minister, Muhammad al Hawij, spoke of the possibility of the “safe” return of U.S. companies to Libya, to complete the pending projects, following a meeting with some representatives of the United States Chamber of Commerce.
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Libyan Oil Minister Mohamed Aoun said on Saturday that the decision to assign Mustafa Sanalla as board chairman of the National Oil Corporation (NOC) in 2014 is “legally invalid” because it was not authorized by the ministerial council at that time.
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The Libyan Minister of Oil and Gas, Mohammed Oun, denied the presence of the Russian Wagner Group forces in the Libyan oil fields and ports.
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Mohammed al-Menfi, the chairman of the Presidential Council, has reportedly held a closed-door meeting on Thursday with Saddek Elkaber, the governor of the Central Bank of Libya (CBL), in which they agreed to reopening the banking clearing next week.
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Ali Al-Hibri, Deputy Governor of the Central Bank of Libya (CBL), denied that he had declared to some newspapers about the approval of CBL Board of Directors to open the clearing system between banks.
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A leak in the 30-inch pipeline connecting the Jalu to Waha oilfield in central Libya has forced the National Oil Corporation (NOC) to reduce oil production in that field, the state-owned oil company announced on Tuesday.
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Turkish President, Recep Erdogan, demanded the Prime Minister of the of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, who is visiting Istanbul these days, to pay an amount of 5 billion dinars ($3.8 billion), as “debts owed from previous years, according to press sources.
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