Economy
Libya’s Oil Production Decreases by 600,000 Bpd
Libya's oil production saw a steep decline in April, due to a blockade on oil fields and export terminals. This...
Read moreOil Minister: Libya Losing $60 Million Daily
Libyan Oil Minister, Mohamed Aoun, said that his country is losing more than $60 million a day due to the...
Read moreLibyan Economy Minister Looks For Wheat Suppliers
Libyan Minister of Economy, Mohamed Al-Hwaij met with the Undersecretary for Free Zones Affairs, and the Head and members of...
Read moreWhen 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...
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