Economy
Libyan 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...
Read moreAl-Mangoush: “International Energy Summit…An Important Step to Support Libya’s Economic Stability”
On Monday, Libyan Foreign Minister, Najla Al-Mangoush held talks with organizers of the Energy and Economic Summit 2021 to discuss...
Read moreOil Minister Discusses Libyan Cooperation with Russia
The Libyan Minister of Oil and Gas, Mohamed Aoun held a meeting with government officials to discuss preparations for resuming...
Read moreWorld Bank: Elections Essential for Libya’s Recovery
In its October report on the Libyan economy, the World Bank said that in the coming months Libya is projected...
Read moreLibyan Economy Minister Prohibits Companies from Importing Medicine
The Libyan Minister of Economy and Trade, Mohamed Al-Hawaij issued a decision regarding provisions on companies importing medicines and occupational...
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