Economy
Libya’s Oil Revenue for October Nears $2 Billion
Libya's revenues from oil sales during October equaled about $2 billion, Libya's National Oil Corporation (NOC) announced on Wednesday. "The...
Read moreRepsol to Resume Operations in Libya
On Wednesday, José Carlos Bravo, the Regional Executive Director of the Spanish energy firm, Repsol indicated that they would resume...
Read moreRussian-Libyan Oil Committee Discuss Cooperation
The first meeting of the Libyan-Russian joint committee was headed by the Minister of Oil and Gas, Mohamed Aoun. Aoun...
Read moreTotal Discusses Investment Opportunities in Libya
On Monday, Libyan Oil Minister, Mohamed Aoun met with a delegation from France’s Total Energy, to discuss investment opportunities in...
Read moreLibyan Economy Minister Cancels Decision to Set Fixed Prices for Various Commodities
The Libyan Minister of Economy and Trade, Muhammad al-Hawij, decided to cancel his previous decision regarding setting the prices of...
Read moreLibya Overtakes Nigeria as Africa’s Biggest Oil Producer
A new study from the Organization of Petroleum Exporting Countries (OPEC) said that Libya has surpassed Nigeria as Africa's biggest...
Read moreLibya Plans to Produce over 2 Million bpd in 2022
Libyan Deputy Oil Minister, Refaat Al-Abbar said Libya plans to produce more than two million barrels per day in 2022,...
Read moreLibyan Economy Ministry Sets Fixed Price for Essential Foods
On Wednesday, the Libyan Ministry of Economy and Trade issued a decision to fix the prices of 13 basic food...
Read moreLibya Aims to Boost Oil Output to 1.6 Million BPD
On Tuesday, the Undersecretary of the Ministry of Oil for Production Affairs, Rifaat Al-Abbar, confirmed that Libya's oil production rates...
Read moreLibya Studies Extending Presence of International Oil Companies
Libya's Deputy Oil Minister, Refaat Al-Abbar stated that the Government of National Unity (GNU) has received suggestions from the Ministry...
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