Local News: General News
NOC emphasizes its continued commitment to transparency and disclosure of all oil sales and purchase procedures.
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Tripoli, 3 May 2026 (Lana) The National Oil Corporation (NOC) stressed that it is still dedicated to being open and clear about all the steps involved in selling and buying crude oil and petroleum products, which are done through the Libyan Foreign Bank (LFB) and monitored by the appropriate regulatory authorities.In a statement issued by the NOC yesterday, it stated that petroleum products supplied to the local market are procured through letters of credit opened in favor of suppliers... Read more
LIA meets with the U.S. Department of the Treasury.
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Tripoli, 3 May 2026 (Lana)—Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud Hassan, held a meeting with U.S. Assistant Secretary of the Treasury for the Middle East and North Africa, Eric Meyer, to discuss mechanisms for implementing UN Security Council Resolution 2819 (2026).During the meeting, they also focused on the practical mechanisms to activate the resolution, allowing for the utilization of uninvested cash reserves within the framework permitted by Resolution 2819... Read more
NUG and Boeing Sign Memorandum of Understanding to Develop Libya's Civil Aviation Sector
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Washington, May 2, 2026 (LANA) – The Government of National Unity signed a memorandum of understanding for strategic cooperation with the American company Boeing to develop the civil aviation sector in Libya.The memorandum was signed by the Minister of Transportation and Financial Advisor to the Prime Minister, Mohamed Al-Shahoubi, during the official visit of the Government of National Unity delegation to the United States. According to the government's media... Read more
Sorman Municipality Condemns Clashes in the City That Left One Dead
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Sorman, May 2, 2026 (LANA) – The Sorman Municipality expressed its deep concern and condemnation on Saturday regarding the unfortunate events that have recently occurred in the city, namely serious security breaches that threaten the safety of citizens, despite attempts to intervene and contain the situation.In a statement, the municipality expressed its profound regret over the death of a young man from the city as a result of these events, calling on all citizens to exercise caution and... Read more
Jeremy Brent reaffirms US support for Libya's National Oil Corporation
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Tripoli, May 2, 2026 (LANA) – The Chargé d'Affaires of the US Embassy in Libya, Jeremy Brent, affirmed his country's support for the National Oil Corporation (NOC) as a vital economic institution in Libya, stressing the need to protect its independence and technocratic integrity.This came during his meeting with the Chairman of the NOC Board of Directors, Masoud Suleiman, in Tripoli, in the presence of the Deputy Chief of Mission at the US Embassy, Inga Heming, according to a post on the... Read more
