Economy
When Will Libya’s Oil Fields & Ports Reopen?
On Sunday, Libya's Oil Ministry said in a statement that the closed oil fields will reopen within days. This comes...
Read moreIMF Predicts Libyan Prices & Inflation will Rise
The International Monetary Fund (IMF) expected that the prices and inflation rates will continue to rise in Libya and the...
Read moreLibyan Oil Minister: NOC Chairman Sanallah Has Failed To Abide By The Law
Libyan Oil Minister, Mohamed Aoun stated daily losses amount to between $50-70 million dollars a day, due to the closure...
Read moreLibyan Oil Shutdowns Cause 550k bpd Losses
Libyan National Oil Corporation's (NOC) announced that blockades at major fields and export terminals are costing the country more than...
Read moreBashagha Calls for UK to Invest and Rebuild Libya
The Libyan Parliament-designated Prime Minister, Fathi Bashagha claimed that Libya could provide the United Kingdom with the resources it needs,...
Read moreLibyan Oil Fields Shut Down
On Monday, Libyan National Oil Corporation (NOC) declared force majeure at the Al-Sharara and Zueitina oilfields. This comes amid warnings...
Read moreLibya Exports 250 Million Cubic Feet of Gas to Italy Daily
On Saturday, the Libya Oil and Gas Minister, Mohamed Aoun, said that Libya exports 250 million cubic feet of gas...
Read moreLibya to Export 1 Million Barrels of Oil to China
On Sunday, the EXPLORER, a crude oil tanker docked in eastern Libya Hariga oil terminal headed to China, began loading...
Read moreWhat Has Happened to Libya’s $515 Million After Lebanon Declared Bankruptcy?
Last week, Lebanese Deputy Prime Minister, Saada Al-Shami announced the bankruptcy of the state, and the Central Bank of Lebanon....
Read moreLibyan Oil Output Declines by 50,000 Barrels Per Day
Libyan oil output declined by 50,000 barrels per day (bpd) due to shutdowns at two oilfields early in the month,...
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