Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • Saddam Haftar and Stephanie Koury Discuss Political and Economic Developments in Benghazi
  • Distribution of educational desks and whiteboards to fourteen educational institutions in Al-Jufra
  • Speaker of the House of Representatives Participates in the Opening of the 152nd IPU Assembly in Istanbul
  • Misrata Criminal Court sentences to death the perpetrator of a premeditated murder incident in 2020
  • Governor of the Central Bank of Libya discusses in Washington with the US Department of State enhancing financial stability and supporting the bank’s independence
  • The Libyan Investment Authority Welcomes UN Security Council Resolution 2819 Regarding the Management of Its Assets
  • The US Halts Iran’s Maritime Trade Despite Optimism Over Holding Talks
  • Australia establishes a $2 billion fund to support fuel imports amid a supply crisis
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Thursday, 16 April 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Tribal factions shut down oil production and exports in eastern and southern Libya

Tribal factions shut down oil production and exports in eastern and southern Libya

Sunday, April 17, 2022 Business 3 Mins Read
Tribal factions shut down oil production and exports in eastern and southern Libya

Tribal and social factions announced on Saturday shut down of the El Feel oil field in Ubari, Fezzan, suspending oil and gas production, in addition to exports from the Zueitina oil port in Eastern Libya.

They demand removal of Dbeibeh’s “illegitimate” government, sacking the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, equal distribution of oil revenues between country’s regions and holding elections.

In two video statements, in front of the El Feel field and Zueitina port, the factions accused Abdel Hamid Dbeibeh’s outgoing government of damaging the country’s political process.

On Thursday, the Finance Ministry of the outgoing government of Abdul Hamid Dbeibeh announced the transfer of $6 billion to the ministry’s account at CBL, from oil revenues.

It said that this measure is the culmination of the efforts made by the Prime Minister of the Government of National Unity, the Governor of the Central Bank of Libya, the Head of the Audit Bureau, the Chairman of the Administrative Control Authority, and the Chairman of the National Oil Corporation.

Planning and Finance Minister of the new Libyan government, Osama Hammad, described the National Oil Corporation’s transfer of $6 billion to the account of the Finance Ministry of Dbeibeh’s government at the Central Bank of Libya (CBL) as a violation of the law and all instructions issued by the competent authorities in this regard.

Hammad said that this act will result in distortions in the national economy, and that it is better for these institutions to distance themselves from using their position in political conflicts or using them in order to achieve gains for a political party.

He added that the Ministry of Planning and Finance stresses the need to establish the principle of accountability for anyone who had committed a crime that would harm public money and advocate the rule of law.

He said, “We assure all the state’s supervisory and judicial agencies, represented by the Attorney General, the head of the Administrative Control Authority, the head of the Audit Bureau and the Anti-Corruption Authority, to stop these actions because of the seriousness of this procedure and consider it a clear infringement on public money.”

The Minister of Finance called for the necessity of confronting these acts, punishing their perpetrators, and taking all necessary legal measures in this regard in order to preserve the wealth of the Libyans, and to ensure the continuation of building the state that seeks to achieve stability and embark on the stage of construction and reconstruction to achieve better results.

 

 

 

 

CBL El Feel Oilfield Libya oil NOC
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleNew Finance Minister: NOC’s transfer of $6 billion to Dbeibeh’s government is against law
Next Article Bashagha government welcomes statement of Misurata military leaders

Keep Reading

Governor of the Central Bank of Libya discusses in Washington with the US Department of State enhancing financial stability and supporting the bank’s independence

Australia establishes a $2 billion fund to support fuel imports amid a supply crisis

Patriotism on the Pulpits, Interests Behind the Scenes, and the Lure of the Dollar: Australian Report Attacks Al-Menfi

Erem Business: 3 conditions to ensure the success of the unified budget agreement in Libya

Libya Joins the International Dates Council: Meeting in Riyadh Discusses Enhancing Cooperation and Developing the Sector

Al Jazeera Net: The unified budget a real test for the ability of Libyan institutions to control public funds

Follow us on Twitter

The Libya Update Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate The Libya Update @thelibyaupdate ·
11h

Misrata Criminal Court sentences to death the perpetrator of a premeditated murder ...incident in 2020

https://libyaupdate.com/misrata-criminal-court-sentences-to-death-the-perpetrator-of-a-premeditated-murder-incident-in-2020/

The #Libya Update

Reply on Twitter 2044682455324520885 Retweet on Twitter 2044682455324520885 Like on Twitter 2044682455324520885 Twitter 2044682455324520885
thelibyaupdate The Libya Update @thelibyaupdate ·
13h

Governor of the Central Bank of Libya discusses in Washington with the US Department of ...State enhancing financial stability and supporting the bank's independence

https://libyaupdate.com/governor-of-the-central-bank-of-libya-discusses-in-washington-with-the-us-department-of-state-enhancing-financial-stability-and-supporting-the-banks-independence/

The #Libya Update

Reply on Twitter 2044650660835086617 Retweet on Twitter 2044650660835086617 Like on Twitter 2044650660835086617 1 Twitter 2044650660835086617
thelibyaupdate The Libya Update @thelibyaupdate ·
15 Apr

The Libyan Investment Authority Welcomes UN Security Council Resolution 2819 Regarding ...the Management of Its Assets

https://libyaupdate.com/the-libyan-investment-authority-welcomes-un-security-council-resolution-2819-regarding-the-management-of-its-assets/

The #Libya Update

Reply on Twitter 2044480713521578436 Retweet on Twitter 2044480713521578436 Like on Twitter 2044480713521578436 Twitter 2044480713521578436
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates

    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.