Libya’s National Oil Corporation (NOC) said on Sunday that it had identified “illegal” efforts to sell crude oil without its approval and warned potential buyers not to enter into such contracts.
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After days of armed fighting, Libyan key oil ports resume exportation
Libya’s major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments due to military clashes in the holder of Africa’s largest crude reserves, according to Bloomberg.
Read More »Billions paid for government employees illegally, Finance Ministry data reveals
The Ministry of Finance released Monday a report about the number of Libya’s state workers and pay after matching them with the national ID number.
Read More »Ageela Saleh promises to pay Russia $4 billion in military debt; invites Russian Duma members to visit Libya
Some $4 billion in military debt to Russia from the Qaddafi era will be paid, the Moscow-based news agency Sputnik says it has been told by House of Representatives President Ageel Saleh.
Read More »Russia considers resumption of work on Libyan railway
Russia has indicated it is happy for its companies to return to Libya, pending security approval, and will also look at resuming construction of the stalled railway line from Sirte to Benghazi.
Read More »Russian Rosneft signs oil deal with Libya’s National Oil Corporation
The Libyan National Oil Corporation (NOC) has signed an oil cooperation deal with the Russian oil company, Rosneft, on the sidelines of the London-held International Petroleum Week, which includes the most vital world oil firms in Europe and the Middles East.
Read More »Salvation government premier inaugurates Tripoli International Airport
Prime Minister of Tripoli-based Salvation government, one of Libya’s three competing governments, inaugurated on Thursday the new Tripoli International Airport, despite unfinished reconstruction at passenger terminal.
Read More »Libya’s Special Deterrence Force arrest four oil executives over offshore fraud
Days after Libya loaded its first tanker from a new floating storage platform in the offshore Bouri oilfield, Special Deterrence Force had detained four senior oil executives over fraud related to the project.
Read More »House of Representatives is a failed institution and corrupt, MP discloses
House of Representatives member Abu Baker Ibrahim has called on the Tobruk-based parliament to quit and urged what he described “the faithful members” in the parliament to resign after corruption has reached its climax there.
Read More »London hosts Libyan Forum for Investment and Reconstruction
Libyan Forum for Investment and Reconstruction will be held in London’s Lancaster House, London, on next Thursday.
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